Middle East Economic Survey
VOL. LII
No 33
17-Aug-2009
LIBYA
Libyas International Downstream Expansion Thwarted By Essar
Tamoils bid for a 50% stake in the Mombasa refinery in Kenya, which formed a key part of Libyas plan to expand its international downstream presence, has been thwarted by rival Indian oil company Essar. The state-owned Libyan company was hoping to buy the 80,000 b/d refinery after signing an MOU with the Kenyan government in June 2007, in which it agreed to supply Kenya with oil...
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