Libya-Tunisia Set Up Joint Venture Exploration Company
The Libyan leader, Mu'ammar al-Qadhafi, has announced the setting up of a newTunisian-Libyan company for oil exploration in a 3,000-sq. km. block northwestof the Bouri field which was officially commissioned on 1-2 September by theLibyan leader at a ceremony attended by President Zein al-Abidine Ben Ali ofTunisia. Proved recoverable reserves at the Bouri field are estimated at 670mnbarrels, with...