VOL. XLVII

No 18

03-May-2004

LIBYA

Libya Issues Details of EPSA-IV Upstream Contract

Libya has completed the first draft of the new EPSA-IV upstream contract and a new upstream bidding round using the contract is imminent, according to Azzam Messalati, Chairman of NOCs Upstream Negotiation Committee. Speaking at IBCs Doing Business In Libya conference held in Tripoli from 20-21 April, revealing details of the model for the first time, Mr Messalati said that the new contract would provide new...