The Egyptian Ministry of Petroleum and Mineral Resources has welcomed Libya’s National Oil Corporation’s Chairman and Libya's acting oil minister, Mustafa Sanallah, to discuss boosting bilateral cooperation in the oil and gas field.

Vitol Group, the world’s biggest independent oil trader, and Litasco SA are approaching a trade deal with the Libya's Tripoli-based National Oil Corporation (NOC) in a few days to supply billions of dollars worth of fuel to the country.