VOL. XLVI
No 16
21-April-2003
LIBYA
Gazprombank Acquires 20% Interest In Oilinvest, SOCO Joint Venture
Gazprombank, the banking arm ofRussias state-owned gas company Gazprom, signed a heads of agreement to acquire a 20% stake in the Oilinvest/SOCO International joint venture Odex Exploration on 10 April. UK-listed independent SOCO International and Dutch-registered Libyan company Oilinvest established Odex in November 2001 to identify, develop, produce and market hydrocarbon opportunities in Libya...
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