VOL. XXXIII

NO. 5

6-NOVEMBER-1989

Libya

NOC Holds Exploration Talks with Three European Oil Firms

Negotiations are nearing completion between Libya's National OilCorporation (NOC) and Yugoslavia's INA-Naftaplin for acreage in the westernoffshore area within the framework of the third round of exploration andproduction sharing agreements (EPSA III), MEES understands. Talks are alsoscheduled this month in Tripoli with Veba of West Germany and Petrofina ofBelgium for possible onshore acreage.

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