VOL. XXXVI

NO. 41

12-JULY-1993

LIBYA

OMV Share Of Oil Reserves In Libya Put At 59Mn Barrels

The share of Austria's OMV in crude oil and condensate reserves in Libya atend of 1992 stood at 7.735mn tons (59mn barrels), compared to 7.344mn tons (56mnbarrels) in the previous year, according to the company's 1992 Annual Report. OMV, which is 70% owned by the Austrian Government, and Libya's state-ownedNational Oil Corporation (NOC) in 1986 established a joint venture called theZueitina Oil Company in...