Ukraine sees energy sector as one of strategic directions in cooperation with Libya, Prime Minister Yulia Tymoshenko has today told a meeting of the Ukraine-Libya Cooperation Commission, according to UkrInform.

Ukraine is interested in establishing a joint venture involving the Ukrainian and Libyan capital for the construction of an oil refinery in Ukraine, she specified.

According to Secretary of the General People's Committee of Libya al-Baghdadi Ali al-Mahmudi, the country is interested not only in setting up an oil refinery in Ukraine, but in Ukraine's participation in oil exploration, production and selling in Libya.

Tymoshenko also noted that Ukraine holds an interest in Libya's involvement in privatization of the Odesa Portside Plant.

Al-Baghdadi Ali al-Mahmudi confirmed his country's intention to take part in this tender.

Apart from this, the Ukrainian Premier claimed that Ukraine can provide Libya with 100,000 ha of farm lands for grain growing, construction of a large cattle-breeding plant and elevators.


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