VOL. XXXVI

NO. 29

19-APRIL-1993

LIBYA

Talks Are Continuing With Repsol And Total Over Upstream Agreements

MEES understands that while talks are continuing between Libya's National OilCorporation (NOC), Spain's Repsol and France's Total over upstream agreements,obstacles have been encountered which are delaying the negotiations. It isunderstood that Repsol would like to purchase all or most of the equity share inthe Murzuk field in Block NC-115 held by Romania's Petrom (the new state-ownedoil...