VOL. XXXIII

NO. 6

13-NOVEMBER-1989

Egypt/Libya

Agreement in Principle to Establish Joint Oil Exploration Company

Egypt and Libya have agreed in principle to establish a joint oil explorationcompany. This decision follows the summit meeting held in mid-October betweenPresident Husni Mubarak and Colonel Mu'ammar al-Qadhafi. Working groups in theMinistries of Oil in both countries are now studying various proposals, whichare understood to follow the same lines as the joint exploration venturesbetween...