VOL. XXXII

NO. 39

3-JULY-1989

LIBYA

No Progress in Talks with US Companies

MEES understands that the talks between Libya's National Oil Corporation (NOC)and five US oil companies (Marathon, Conoco, Amerada-Hess, Occidental andW.R.Grace) on the companies' equity holdings in Libya, which were held inDuesseldorf, West Germany, on 27-28 June, have ended inconclusively, butthat Libya has left the door open for further negotiations and has expressedits readiness to extend the 30 June deadline for some...