Middle East Economic Survey


No 39



Libya Awards Agip Spot Gas Contract

MEES learns that Libyas National Oil Corporation (NOC) has awarded Italys Agip a spot contract of 1.2bn cu ms (BCM) of natural gas for 12-18 months beginning later this year. The gas, part of the new stream of the West Libya Gas Project (WLGP), was originally destined for the domestic Libyan market. However, because of a delay in the construction of the power plant that would use the gas, it was...