VOL. XXXII

NO. 29

24-APRIL-1989

LIBYA

NOC Signs Production Sharing Agreement with Canada's IPC

Libya's National Oil Corporation (NOC) has signed a production sharingagreement with International Petroleum Limited (IPL), a wholly-owned subsidiaryof Canada's International Petroleum Corporation (IPC). The accord, signed on 13April, is part of the third round of exploration and production sharingagreements (EPSA III) launched last summer.

The agreement covers three separate blocs (block XX - 588 sq....