Middle East Economic Survey


No 32



Libyas Second Round Licensing Awards On Schedule For October

Libyas plan to award new exploration licenses stemming from its second bid round last May are on target for October, according to energy ministry officials. The tender was opened on 5 May offering 44 blocks in the Cyrenaica, Ghadames, Sirte, Murzuq and Kufra basins, including 10 offshore (MEES, 16 May and 30 May). According to the licensing round schedule, bid openings are...