VOL. XXXII

NO. 7

21-NOVEMBER-1988

LIBYA

OMV Operations in Libya during 1987

According to the 1987 Annual Report of Austria's OesterreichischeMineraloelverwaltung (OMV), its subsidiary OMV of Libya lifted a total of1.476mn tons of Libyan crude oil during the year, of which 611,000 tons camefrom the company's own production and 865,000 tons was buy-back crude (comparedto 73,000 tons in 1986). OMV itself purchased 268,000 tons, while theremaining 1.208mn tons were sold to third parties.

In upstream...