| Issue 38, November 2011 |
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| LIBYA WELCOMES PARTNERS |
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The world is getting opener. There are very few countries on the Earth that are
still remaining a terra incognita. Libya is a bright example of it. More fairy
tales than true stories were told about this country not too long ago. Today Tripoli
takes foreign guests welcome urging them for mutually beneficial cooperation.
Lifting economic sanctions in 2004 and restoration of diplomatic relations with
the USA gave green light to implementation of largescale domestic projects. Modern
Libyans stand for multipolarity and are interested in tying links both with the
West and the East.
Libya, which has undergone economic isolation since late 1980s, needs substantial
investment. However, it can’t complain of the lack of pretenders to get this
newly emerged market. That is why projects in any sphere are likely to be a field
of tough competition. Russian companies try to penetrate this market as well.
Among them are Siberian Service Company, Soyuzneftegaz, Tatneft, Lukoil and 3
Gazprom’s subdivisions: Stroitransgaz, Sibneft and SIBUR. A specialized company,
Gazprom Libya, was initiated for working in this country. It is registered in
Tripoli. full text of the article | all articles of this issue
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