Middle East Economic Survey

VOL. XLVIII

No 14

4-April-2005

LIBYA

Libyas Second Licensing Round In May To Offer 44 Blocks

Libya on 28 March announced that its second post-sanctions oil and gas licensing round would take place in May, with 44 blocks on offer. The announcement followed a meeting of oil industry officials and relevant ministries (popular committees). MEES understands that although some changes to the terms of the licensing round have been mooted by senior Libyan officials, it is...