Middle East Economic Survey

VOL. XLVIII

No 20

16-May-2005

LIBYA

Libya Launches Second Licensing Round Under EPSA-IV Contract

Libya on 5 May opened the second round of bidding for licenses in its EPSA-IV exploration program. The tender offers 44 blocks in the Cyrenaica, Ghadames, Sirte, Murzuq and Kufra basins, and includes 10 offshore blocks. The new tender follows the successful first round, the winners of which were announced in January (MEES, 7 February). Occidental and Australias Woodside...