VOL. XLVII

No 12

22-March-2004

LIBYA

Libya Upstream Licensing Round Due End 2Q04, Says Wood Mackenzie

Libya is set to launch a new upstream licensing round at the end of the second quarter under the new EPSA IV production-sharing contract (PSC), according to Edinburgh-based energy analysts Wood Mackenzie. In its presentation issued on 9 March entitled Libya Open for Business? Wood Mackenzie said that Libyas total area onshore and offshore would be broken down into blocks for the first time,...