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09:06, 3 Октября 12
Wintershall invests in Libya and builds new pipeline ![]() With investments of more than two billion US dollars and over 150 wells sunk, the BASF subsidiary Wintershall is one of the largest oil producers in Libya. The company has been active in crude oil exploration and production there since 1958.
Wintershall is sending a clear signal of its commitment to building a New Libya: together with the Libyan National Oil Corporation (NOC), Germany’s largest, internationally active crude oil and natural gas producer is building a new pipeline which will connect oil production from the Wintershall concession C96 and the oil field Nafoora, operated by the Libyan oil company Arabian Gulf Oil Company (Agoco), with the Amal field. From there the crude oil will be transported to the export port Ras Lanuf. Wintershall plans to lay the approx. 4,000 parts of the 55-km-long pipeline right through the desert by spring 2013. This means that for the first time a foreign operator, Wintershall, is coordinating the realization of a pipeline project on behalf of the Libyan National Oil Company (NOC).
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