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Libya Mega Gas Project Proposed for Revival

The National Oil Corp. wants its unit Arabian Gulf Oil Co. to develop discovered gas deposits in the NC-7 block in western Libya, potentially in collaboration with consortium partners Eni SpA, TotalEnergies SE, Abu Dhabi National Oil Co. and Turkish Petroleum Corp., according to a letter from the NOC to Abdul Hamid Dbeibah, the prime minister of Libya’s internationally recognized government.