VOL. XXXII

NO. 48

4-SEPTEMBER-1989

LIBYA

Talks with US Oil Firms Extended Until Year-End

MEES understands that the five US oil firms holding equity in Libya(Marathon, Conoco, Amerada-Hess, Occidental and W. R. Grace) have tacitlyaccepted to extend the talks with Libya's National Oil Corporation over theirsuspended status in that country until year-end. Oxy and W. R. Grace haveinformally communicated their position to the Libyan oil authorities, while theother three firms have acquiesced to go on...