Libya's Talks with US Oil Companies Reach Impasse
MEES understands that negotiations between Libya's National Oil Corporation (NOC) and the five US oil companies with equity holdings in Libya (Marathon,Conoco, Amerada-Hess, Occidental and W. R. Grace) have now reached an impasse.The purpose of the talks is to discuss the steps to be taken to allow thecompanies to resume operations in Libya, following the 19 January 1989 decisionby President Ronald Reagan to...
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