Prime-minister G. Papandreou, who is paying an official visit to Libya, on Wednesday, is expected to sign significant economic cooperation agreements during his meeting with his Libyan counterpart.
Reports say that Mr. Papandreou will discuss possibility of Libyan investments in Greece, specifically in the fields of energy, renewable sources of energy, investments in the construction sector, real estate as well as development of liquefied natural gas terminal. Mr. Papandreou will have a private meeting with the Libyan leader Muammar Gaddafi and attend a dinner hosted in honour of the Greek delegation.
He also hopes to revive a family friendship with Colonel Gaddafi that flourished while his father, Andreas Papandreou, was prime minister during the 1980s. “These are exploratory talks, nothing will be signed on this visit . . . but it opens the way ahead,” one Greek official said.
Mr Papandreou is leading the country’s drive to attract inward investment from the Gulf states and other oil and gas producers. Energy and shipbuilding projects involving Qatari and Abu Dhabi investors are under discussion.
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