South Korea’s Daewoo has agreed to resume its work at Zueitina power station. The news came after yesterday’s signature of an MoU between Daewoo and the General Electricity Company of Libya (GECOL) at the latter’s Tripoli headquarters.
GECOL said the MoU comes in the context it’s endeavour to complete the suspended projects and the return of the Korean companies to complete the contracted projects.
Acute power cuts
The agreement is very timely and comes at a time of acute power cuts that have led to violent Libya wide demonstrations and are threatening to collapse Libya’s fragile political system.
GECOL was represented by chairman Wiam Al-Abdali at the signing ceremony. He and his board have returned to work awaiting investigation after being suspended by Tripoli-based Prime Minister Abd Alhamid Aldabaiba due to the acute power cuts.
Daewoo makes presentation to ERMA Motorway Authority (libyaherald.com)
Korea’s Daewoo E&C makes presentation to Airports Authority (libyaherald.com)
NOC and Daewoo E&C discuss implementation of several oil and gas projects (libyaherald.com)
Electricity crisis: GM Ismail takes over; old board continues as two new units start operation (libyaherald.com)
Lengthy power cuts lead to GECOL head Abdali being suspended (libyaherald.com)
Power cuts touch a nerve and lead to call for politically neutral public demonstrations (libyaherald.com)
Misrata fast track power station expected to enter service end of June (libyaherald.com)
Damage from Janzour militia clashes will result in power cuts and delay in Tripoli West power station coming online this summer: GECOL (libyaherald.com)
Tripoli West Fast Track power station about to enter production: GECOL (libyaherald.com)
As extreme temperatures cause longer power cuts, Aldabaiba and GECOL head come under pressure (libyaherald.com)
Libya cuts gas exports to Italy’s ENI by 25 percent – gas is needed for local consumption (libyaherald.com)
There is no petrol or cooking gas shortage – queues will be over by Tuesday: Aldabaiba (libyaherald.com)