Russia and Libya: what awaits us in the foreseeable future?
... Moreover, “Gazprom” planned to buy from the Italian ENI a stake in the Libyan project «Elephant» for 178 million dollars (the deal was to be closed in the first quarter of 2011) [3] . The leadership of "Gazpromneft", a subsidiary of "Gazprom", insists that it is still interested in this project. Currently "Inter RAO EEC" seems to start showing interest in the Libyan energy projects [4] . It is worth mentioning that in 2008 the company "Lukoil Overseas" signed a memorandum of cooperation with the NOC, but so far no practical steps for the implementation of the provisions of this document have been made. To sum up, before the introduction of new sanctions against Tripoli, Russian ...