Russia to protect its companies in Libya

September 3rd, 2011 - 9:06 am ICT by IANS  

Moscow, Sep 3 (IANS) Russia will continue to protect the interests of Russian companies operating in Libya, a government spokesperson said.

“We are not just having the intention, but undertaking practical measures,” the Kremlin spokesman was quoted as saying by Xinhua.

The Kremlin said prospects for Russian oil and railway companies to continue operating in Libya were “not too bad” and they could complete their contracts.

Moscow had billions of dollars worth of energy and infrastructure deals with Libya under Muammar Gaddafi.

The foreign ministry has said it has recognised the rebel-led National Transitional Council of Libya as the legitimate government in the North African country.

Russian envoy Mikhail Margelov, who participated in an international meeting on Libya in Paris, met NTC chairman Mustafa Abdel Jalil and invited him to Moscow for talks about future Russia-Libya ties.

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