The head of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, held talks with the Polish Oil and Gas Company (POGC)’s Chairman, Filip Moczydlowski, and its General Manager, Szymon Drzewakowski, with a view to resuming operations in the country, Libya Herald reported. The talks took place late April, but were announced only early May.
In January, the representatives of both companies had also met to discuss POGC’s activities in Libya and the plans to resume exploration operations, as informed on Libyan Investment.
One of Poland’s largest companies, the state-controlled POGC has invested over $136m in its two concessions in the Murzuk Basin, which were awarded in 2008.
Having started exploration drilling in March 2013, it discovered gas in February 2014 in contract area 113/1, 200 kilometers northwest of Obari. The well was estimated at the time to have a daily production capacity of 4mcf of gas. However, because of security uncertainties, POGC had decided to pull out its staff from the area.