A logo for Shell is seen on a garage forecourt in central London, file. REUTERS/Neil Hall/File Photo
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- Shell’s Libya plan marks rare new oil and gas foray
- Libya plan still fits strategy to phase out fossil fuels
- Plan includes solar project south of Libya’s Sirte basin
- Proposal see Shell allocated oil, product cargoes to sell
LONDON, Nov 30 (Reuters) – Royal Dutch Shell (RDSa.L) is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North African country because of unrest.
The plan, details of which were seen by Reuters, marks a rare new oil and gas foray by the energy major as it seeks to cut fossil fuel investment and slash greenhouse gas emissions.
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