APR Energy 'Encouraged' by Libya Progress

APR Energy Chief executive Laurence Anderson (pictured) has said he is encouraged by the significant progress the company has made with the removal of its Libyan assets.

The company, which was forced to abandon its operations in Libya earlier this year, said in a statement:

"The Group is making significant progress in its Libya demobilisation and has, to date, removed successfully the vast majority of assets from the country. The Group anticipates that the demobilisation will be completed in the third quarter.

"However, due to rising security expenses, it expects to record higher than anticipated demobilisation costs."

(Source: APR)

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