VOL. XXXV

NO. 36

8-JUNE-1992

Libya

NOC Awards Three more Blocks to Canada's IPC

Libya's National Oil Corporation (NOC) has signed a production-sharingagreement with International Petroleum Libya Ltd., a wholly-owned subsidiary ofthe Canadian firm International Petroleum Corporation (IPC). The accord, signedon 25 May, is part of the third round of exploration and production-sharingagreements (EPSA III) launched in the summer of 1988, and is the second suchaccord with IPC. The agreement covers three...