A general view shows oil treatment facilities at Vankorskoye oil field owned by Rosneft company north of the Russian Siberian city of Krasnoyarsk, Russia, in this March 25, 2015 file photo. REUTERS/Sergei Karpukhin
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Russia's Rosneft oil giant has paved the way for investment in Libya's oil sector by signing a Cooperation Framework Agreement with the National Oil Corporation of Libya, it was announced Tuesday.The agreement was signed Monday on the sidelines of London's International Petroleum Week by NOC chairman Mustafa Sanalla and Rosneft chairman Igor Sechin, according to the NOC.Sanalla last month announced plans to encourage investment by foreign oil companies in an effort to boost Libya's oil production to 2.1 million barrels per day by 2022 .
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