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Friday, 06/02/2006 4:02:05 PM

Friday, June 02, 2006 4:02:05 PM

Post# of 7018
Tripoli – 27 April 2006 Co-operation Agreement between RTE and GECOL

On 26 April 2006, whilst on a visit to Libya, André Merlin, Chairman of the RTE Management Board, and Omran Aboukraa, Chairman of the General Electric Company of Libya (GECOL), have agreed to sign a framework co-operation agreement on the running of power systems. The agreement will further strengthen relations between the two companies, which already co-operate periodically. In early 2006, 25 Libyan dispatchers underwent training at RTE's National Training Centre in Lyons, before returning to Tripoli to take part in local sessions. Mr Aboukraa reiterated the importance of planned investments totalling over 6 billion dollars in the Libyan electricity sector, indicating that French companies could "win the lion's share" and that "the co-operation between Libya and France in the electricity sector must be held up as an example". This new agreement between Messrs Merlin and Aboukraa, which serves to consolidate RTE's presence in North Africa, is further proof of the high regard for the company's expertise in the management of major power systems. The Chairman of the RTE Executive Board, André Merlin, took advantage of the opportunity to highlight "RTE's active involvement, through the UCTE 1, in ongoing studies and trials designed to interconnect North-West Africa with Libya and the countries connected to it (Egypt, Jordan, Syria, Lebanon)". In his words, the aim of interconnecting these countries and regions is to create "a Mediterranean circuit which, whilst improving electric security, will also prove crucial to the construction of the European-North African electricity market". PRESS RELEASE
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