Oil , Gas and Energy
Meeting Energy Needs
At LTP, we aim at building a highly integrated portfolio of long-term power investments to provide efficient and diversified supply of energy, knowing that there is an anticipated shift in the energy mix as we progress.
Keeping the future of the community in mind, LTP aims at expanding its investments in the energy sector through considering renewable energy projects. Such projects are expected to contribute to our ability to capitalize on stable, long-term cash flows that align with our financial obligations, fulfill fiduciary responsibilities, and mitigate risks associated with stranded assets and regulatory shifts.
Keeping the future of the community in mind, LTP aims at expanding its investments in the energy sector through considering renewable energy projects. Such projects are expected to contribute to our ability to capitalize on stable, long-term cash flows that align with our financial obligations, fulfill fiduciary responsibilities, and mitigate risks associated with stranded assets and regulatory shifts.
Ola Energy
Egypt
Established in accordance with Companies Law No. 159 of 1981. As Libya Oil Egypt Company (Tam Oil), OLA Energy currently is one of the companies of the international Libya Oil Group, which was established in Egypt in 1994 in the fuel supply sector specialized in marketing and distributing petroleum products and its derivatives in addition to obtaining and managing gas stations. Since 1997 it has been working in the retail oil trade as one of the companies owned by the United Investment Company. In accordance with the decision of the Extraordinary General Assembly in 2007, the company’s name was changed to Libya Oil Egypt Company, and in accordance with the decision issued by the General Authority for Investment and Free Zones No. 2-579 of 2014, the United Investment Company was merged with Libya Oil Egypt Company, and finally the company’s name was changed to OLA Energy. In 2018, the new name became OLA Energy with LTP acquiring 6% of its stocks.
Others
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