Federpetroli, Libya: at this moment, oil activities at risk

“It is no longer possible, at least at the moment, to continue negotiating to continue oil investments and economic activities in Libya. The situation is no longer controllable, mainly for meetings and meetings in Tripoli ”these are the words of the President of FederPetroli Italia - Michele Marsiglia in the morning.

"For about a year - continues Marseilles - we started a phase of economic recovery for the companies that were damaged by the failure to collect the activities carried out on some fields. Since 2011, the domino effect has created a critical phase for companies that have contributed to the construction of infrastructures for the extraction of oil and gas. We define our operations of maximum alert and we cannot expose human resources, activities and the same companies in the sector to risk ".

The impact for the international oil & gas industry is not a small one, given that several projects are already overdue and the production levels of years ago are far away. 

At the moment, we have confirmed that some oil structures have recalled the staff to some high-risk sites, we await in the next few hours to know the evolution of the situation in order to have clearer and more outlined information and to organize the action plans to follow.

Federpetroli, Libya: at this moment, oil activities at risk

| Economics, PRP Channel |