VOL. XXXIX

No. 32

5-May-1996

LIBYA

Veba's Oil Share In Libya Rises To 52,000 B/D In 1995

The share of Germany's Veba Oil from production in Libya averaged 2.6mn tons (52,000 b/d) in 1995, compared to 2.4mn tons (48,000 b/d) in 1994, according to the Veba Annual Report 1995. This indicates that the total production from Veba Oil Libya, a joint venture between Libya's National Oil Corporation (51%) and Veba Oil (49%), averaged 106,000 b/d in 1995, compared to 98,000 b/d in the previous...