VOL. XXXVII

NO. 10

6-DECEMBER-1993

Libya

Sanctions Against Libya Could Downgrade Production Capacity

The UN new economic sanctions against Libya came into force on 1 December.Although the restrictions will have no immediate or direct impact on the volumeof Libyan oil exports, they are expected to gradually downgrade the productioncapacity. MEES understands that, because of the financial constraints imposed bythe sanctions as well as the limitations on normal oilfield operations, Libya'soil...