The Libyan Investment Authority (LIA) and MOL claim that the memorandum of understanding (MoU) will provide a solid basis to combine the financial, commercial and technical capabilities of the parties.
The LIA is an investment organization that was established to manage the financial assets entrusted to it by the state, to deliver high-quality investment returns and to create sustainable and diversified sources of revenue.
MOL Hungarian Oil and Gas is an integrated energy company in central Europe, with operations in more than 40 countries and with a market capitalization of over $15 billion.
