VOL. XLII

No. 19

10-May-1999

LIBYA

Details Of Western Libya Gas Project Unveiled

Sanctions and low oil prices have denied Libya the necessary funding needed to keep projects on schedule in order

to exploit its natural gas reserves. However, despite the difficult market conditions in recent years, the Western Libya Gas Project was able to proceed after a long wait, culminating in the signing of a sales and purchase agreement with Italys Snam earlier this year (MEES, 15 February). Mr. Fuad Krekshi,...