Middle East Economic Survey

VOL. XLVIII

No 37

12-September-2005

Libya

Libya Confirms Sale Of 60% Of Tamoil

Libyas Prime Minister Shukri Ghanem confirmed on 7 September that Libya intends to offer 60% of Tamoil on the international market. Media reports earlier this year spoke of plans to sell 50-60% of the shares of the state-owned international oil refining and product distribution company (MEES, 9 May). Tamoil, which is wholly-owned by Netherlands-based and Libyan-owned Oilinvest, has an...