Shell Secures Libya Deal During Blair's Visit

STAFF | afrol News | March 26, 2004

"Shell was in a hurry to complete a favourable deal with Libya before the US government lifts its trade sanctions on Libya. US oil companies are believed to gain a major role in the Libyan oil and gas industry, in particular in the production of crude oil. While US sanctions are still in place, Washington has given US companies a green light to start negotiating future Libyan deals and the first US oil company, Occidental, is already present in Libya."

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