VOL. XLII

No. 07

15-February-1999

LIBYA

Italy痴 SNAM Initials Agreement For Purchase Of 8Bn Cu.Ms./Year Of Libyan Gas

Italy痴 SNAM and Agip Gas BV initialed in January a salesand purchase agreement for the delivery of 8bn cubic meters a year (BCM/y) ofLibyan gas to Italy beginning in the year 2001, MEES learns. Agip GasBV, owned 100% by Agip, is a new firm registered last month in the Netherlandswith headquarters in Tripoli. It has the responsibility for the implementationand operation of the...