VOL. XXXII

NO.34

29-MAY-1989

LIBYA

NOC Concludes Four New Production Sharing Agreements

MEES learns that Libya's National Oil Corporation (NOC) has recentlyconcluded three production sharing agreements with a consortium composed ofAustria'a OMV, Brazil's Braspetro and Canada's Husky Oil, as well as a fourthagreement with Yugoslavia's INA-Naftaplin. The accords, which will be formallysigned in the near future, are part of the third round of exploration andproduction sharing agreements (EPSA III)...