Middle East Economic Survey


No 19


Shell Marks Re-Entry To Libya With Multi-Million Dollar LNG/Gas Deal

Shell Exploration and Production Libya GmbH on 3 May announced that it had signed a multi-million dollar, long-term agreement with Libyas National Oil Corporation (NOC) for a major gas exploration and development project. The agreement marks the successful conclusion of talks aimed at securing Shells re-entry to Libya. Several years of discussion on a number of upstream...