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Libya's OLA Energy Expands African Footprint With TotalEnergies Ethiopia Deal

Libya's OLA Energy Expands African Footprint With TotalEnergies Ethiopia Deal

Sputnik Africa

Libya's OLA Energy Expands African Footprint With TotalEnergies Ethiopia Deal The state-owned company has signed an agreement to acquire... 02.07.2026, Sputnik Africa

2026-07-02T00:48+0200

2026-07-02T00:48+0200

2026-07-02T01:04+0200

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Libya's OLA Energy Expands African Footprint With TotalEnergies Ethiopia Deal The state-owned company has signed an agreement to acquire TotalEnergies' assets in Ethiopia, according to a statement from the Tripoli-based Government of National Unity.The purchase includes: Around 120 fuel service stations A 13,000-cubic-meter fuel storage depotThe acquisition aligns with the pan‑African energy company's strategy to strengthen its presence across African markets and promote broader economic cooperation on the continent, the government said.Subscribe to @sputnik_africa Sputnik Africa | X

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