VOL. XXXV

NO. 4

28-OCTOBER-1991

Libya

Little Hope Seen in Talks between US Oil Firms and NOC

MEES understands that talks are currently being held between the formerOasis Group (Amerada-Hess, Conoco and Marathon) and Libya's National OilCorporation (NOC) concerning the possibility of the return of the group toLibya and the eventual resumption of its operations there within the constraintsof the US sanctions system. The sanctions were ordered by President RonaldReagan in 1986 and partially eased...