VOL. XXXIV

NO.16

21-JANUARY-1991

Libya

NOC Awards New Concession in Sirte Basin

Libya's National Oil Corporation (NOC) signed a production sharing agreementon 8 January with North African Petroleum Limited (NAPL), a private Britishcompany, as part of the third round of exploration and production sharingagreements (EPSA III) launched in 1988. NAPL is a wholly-owned subsidiary of theLondon-based firm ECI, an independent oil company with exploration interests inColumbia, Peru, Sharjah, Guyana and...