An agreement with Russian oil company Rosneft helps lay a foundation for the recovering oil sector in Libya, Libya’s top oil producer said. Meeting on the sidelines of an international energy conference in London, the head of the National Oil Corp. of Libya met with Rosneft Chairman Igor Sechin to lay the groundwork for investments in the Libyan oil sector. “This agreement with Russia’s largest oil company lays the foundations for us jointly to identify areas of cooperation,” NOC Chairman Mustafa Sanalla said in a statement . “Working with NOC, Rosneft and Russia can play an important and constructive role in Libya.” Libya’s oil sector is recovering following years of civil war that followed the downfall of the regime of Moammar Gadhafi […]