Rompetrol Group to resume its work in Libya
Azerbaijan, Baku, Dec. 19 / Trend E. Kosolapova/
The Rompetrol SA affiliated to The Rompetrol Group will resume drilling work in Libya, Kazakhstan's National oil and gas company KazMunaiGas reported.
"A group of specialists has been dispatched to Libya to assess and verify the drilling plants," KMG said.
"According to our estimation The Rompetrol Group will resume drilling works in Libya in the first quarter of 2012," KMG quoted General Director of Rompetrol SA George Georgescu as saying.
In late February, due to the conflict in Libya, Rompetrol Group decided to suspend their operations in Libya and 63 citizens of Romania working there returned home. During this period, The Rompetrol Group provided protection for the remaining more than 100 citizens of Libya, who were paid wages and social assistance to their families.
The Rompetrol Group is a large holding company. The group is active primarily in refining and marketing downstream, with additional operations in exploration, production and other services for the oil industry. It owns two oil refineries - Petromidia and Vega - and some 630 gas stations in Europe (Romania, France, Spain, Moldova, Ukraine, Bulgaria, Albania, and Georgia). The Rompetrol Group is a 100 percent subsidiary of KMG.
KazMunaiGas is the Kazakh national operator for hydrocarbon exploration, production, processing and transportation. The state owns 100 percent of the company's shares.