LIBYA
 
Libya Eyes $80bn Downstream Drive
 
Tripoli is working hard to kick start its ailing refinery and petrochemicals sectors. A draft downstream master plan, due for end-June completion, envisages investing around $80bn to 2025 on rehabilitation and new-build refinery capacity of around 1mn b/d and three major new petchems plants.
 
The draft report will be delivered to the National Oil Company (NOC) for review. In September tenders will be issued for an...