VOL. XXXII

NO. 37

19-JUNE-1989

LIBYA

Negotiations Deadline with US Oil Firms to Be Extended

Libya has agreed to extend the 30 June deadline date for negotiations withfive US oil companies (Marathon, Conoco, Amerada-Hess, Occidental and W.R.Grace) over their equity holdings in the country, according to Mr. 'Abd Allahal-Badri, Chairman of the National Oil Corporation (NOC), in an interview withReuters on 13 June. "If we agree in time then fine; if not, then maybe wewill extend it a little - one...