Plans to build a major refinery in Tobruk were one of the main issues under discussion on 9 October in a financial and technical review by the NOC of the 2024 performance and 2025 plans of its affiliate, AGOCO.
The technical and financial review, at AGOCO’s Benghazi headquarters, also covered the development of the Sarir refinery, a report on health, safety and the environment and the proposed budget for 2025.
The meeting was attended by AGOCO’s chairman, Mohamed Ben Shatwan, and members of the management board and, from the NOC, Fadl Masoud Shalouf, general manager of petroleum industries, and his delegation.
The existing Tobruk refinery has a capacity of 20,000 b/d. The plan is to build a 300,000 b/d refinery on a 15-hectare site close to the pipeline linking Tobruk to the Messla-Sarir oilfields.
