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MOL Group enters strategic partnership with Libya’s National Oil Corporation

This article was originally posted on Chemical Engineering Online.
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Summary
MOL Group signed a memorandum of understanding with Libya’s National Oil Corporation to establish a strategic partnership focused on hydrocarbons exploration, technological innovation, and crude trading. The MoU was signed in Budapest by MOL Chairman and CEO Zsolt Hernádi and NOC Chairman Masoud Suleman.

What opportunities and risks do you see this partnership creating for Libya’s oil sector and European energy markets?

MOL Group (Budapest, Hungary; www.molgroup.info) has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC; Tripoli, Libya; www.noclibya.com.ly). The Memorandum of Understanding sets the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading.  The memorandum of understanding was signed in Budapest by MOL Group Chairman and CEO Zsolt Hernádi and Masoud Suleman, Chairman of […]

The post MOL Group enters strategic partnership with Libya’s National Oil Corporation appeared first on Chemical Engineering.

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