Middle East Economic Survey

VOL. XLVII

No 33

16-August-2004

LIBYA

US Official Urges Japan To Seek Libyan Rather Than Iranian Oil

A senior US government official recently suggested that Japan should reconsider its oil development deal with Iran and obtain oil from Libya instead, according to a Kyodo news agency report on 6 August. The unofficial suggestion was made to an official of the Ministry of Economy. The US has consistently opposed the plan by a consortium of Japanese firms to develop the...