VOL. XL
No. 20
19-May-1997
LIBYA
Libya Ratifies Production Sharing ContractWith PanCanadian Petroleum And Amends Agreement with Elf Aquitaine
MEES learns from authoritative sources that Libya's General People's Committee(cabinet) ratified in late April a production sharing agreement signed in June 1996 between theNational Oil Corporation(NOC) and PanCanadian Petroleum Ltd (MEES, 3 June 1996). The dealforms part of the third round of exploration and production sharing agreements (EPSA-III)launched...
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