Libya Signs Production Sharing Agreement with Yugoslavia's INA-Naftaplin
Mr. 'Abd Allah al-Badri, Chairman of Libya's National Oil Corporation (NOC),signed a production-sharing agreement with the President of Yugoslavia's INA-Naftaplinin Tripoli on 24 June. The deal forms part of the third round of explorationand production sharing agreements (EPSA III) launched last summer.
The agreement covers five separate areas - blocks SS (257 sq. kms.), OO (265sq. kms.),...