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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

Libyan SWF team plans to visit France to study refinery project

Posted on 29 November 2012

Libya’s sovereign wealth fund is to send a team to France next week to examine the prospects of investing in the troubled Petroplus oil refinery, the fund’s president said on Wednesday. “A team will travel next week to study the industrial data of the refinery and draw up a report, on the basis of which we will take a decision,” Mohsen Derigia said.
The mission comes after the Libyan Investment Authority denied on Monday that it wanted to invest in the Petroplus refinery in northwestern France………………………………………..Full Article: Source


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