Bodyguards, private security companies to secure Sonatrach return to Libya
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Algerian oil company Sonatrach agreed in principle to return to investment in Libya after a break of nearly a year, because of the deteriorating security situation there.
Sonatrach prepared a set of organizational arrangements to return to Ghadames field, and resort to private security companies and “Bodyguards”, and receive assurances from Libyan officials.
Echorouk’s sources said that the oil company is currently negotiating with a private security company, that was owned by a famous Libyan President of a political party, who secured a number of international oil companies out there, along the lines of “British Petroleum”, and the American “Schlumberger”.
“This person will provide all the appropriate security conditions for the return of Sonatrach to Libya, as he will ensure the safe return of the workers and there remain only the last details.”
Algerian government negotiated with the Libyan personality on the sidelines of the Libyan dialogue sessions that were organized recently in Algeria, as it also opened the debate with a number of Libyan officials to arrange the return of Sonatrach to Ghadames field, a move that is imminent, especially after it announced the Russian company “Tat” announced, two weeks ago, that it will return to the Oil fields in Libya, and a number of international oil companies expressed their willingness to continue to invest there.
Algerian government preferred to continue the activity of prospecting and exploration of oil fields in Libya, in light of the difficult conditions in the international oil market in the forefront, the low price of the barrel, which did not exceed the ceiling of $ 60 for maximum since long months ago, as well as the crisis that hit a number of OPEC countries, and which economies were terribly affected, after the decline of the price of “black gold”, in addition to a sharp drop in gas prices, which caused a collapse in the incomes of Sonatrach, which began immediately in the search for alternative through going to the African market, under a Chinese partnership to continue its investments in Libya.
Previously, Sonatrach has decided to evacuate its workers from Libya, after the Algerian Embassy and general consulate in Tripoli closed their headquarters on last May, when Energy Ministry said that it comes to conducting a precautionary measure, which has nothing to do with any threat, and before this, Sonatrach announced in 2012 the resumption of exploration in Libya, and in May 2010 Sonatrach also revealed on discovering an oil field in Ghadames, near the Algerian-Libyan border, in partnership with the Libyan oil company.