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 Libya
Attracts European and Australian Oil Companies
Perth, Australia-based Woodside Energy Ltd., announced the signing of
a contract with the Libyan Oil Corporation NOC, in partnership with Repsol
Exploración Murzuq, S.A., a wholly owned subsidiary of Repsol YPF of Spain,
and Hellenic Petroleum S.A., of Greece. The 30-year contract with NOC
concerns an initial six-year exploration phase covering five exploration
blocks in the onshore Sirte Basin in northern Libya and one in the onshore
Murzuq Basin in western Libya. Woodside, who will be the operator, has
a 45% interest in the exploration and production sharing agreement, Repsol
35%, and Hellenic Petroleum 20%. Read
here
EU
hails deal compensating victims of 1989 bombing of French airliner
The European Commission, the EU's executive arm, on Friday welcomed a
deal signed by Libya in Paris to compensate victims of the 1989 bombing
of a French airliner over the Sahara.Read
here
US
advises rogue states to "get smart" and follow Libya's example
The United States late Tuesday urged North Korea, Syria and Iran to "get
smart" and follow Libya's example in pledging to abandon its weapons of
mass destruction programs and join the rest of the world in productive
cooperation. Read
here
IAEA's
El-Baradei to visit Tripoli to test Kadhafi's pledge on weapons
The head of the UN nuclear monitoring agency Mohamed El-Baradei was to
visit Tripoli Saturday to assess at first-hand Libya's dramatic pledge
to cancel weapons programmes in the hope of kicking off a series of inspections.Read
here
Libya
scores diplomatic coup by renouncing weapons of mass destruction
Libya has taken the international community by surprise, admitting after
years of adamant denial that it has weapons of mass destruction (WMD)
and vowing to renounce them.Read
here
Libya
to Compensate Families for Lockerbie Bombing
Libya has signed a deal with the families of the victims of the 1988 Lockerbie
bombing, clearing the way for compensation totalling some 2.7 billion
dollars ...
Read
here
Libya Lockerbie Agreement Could End Years of Sanctions
Following is a chronology of developments since Lockerbie...Read
here
Libya Hopes Lockerbie Deal Will Open Gates to Foreign Investment: Analysts
CAIRO - Libya's
decision to pay some 2.7 billion dollars in compensation for the 1988 Lockerbie
bombing in exchange for a gradual lifting of international sanctions reflects
its desperate need for foreign investment to diversify its oil-dependent
economy, analysts said Thursday...
Read
here
Lockerbie Deal Ignites Fierce Battle Over US Policy Toward Libya: Officials
WASHINGTON - A seemingly imminent
deal for Libya to accept responsibility for the 1988 Lockerbie bombing has
sparked a heated debate here over how to respond to Moamer Kadhafi's government,
US officials said Thursday.
Read
here
France
says Libya deal on Lockerbie should also determine UTA pay-out
Libya
confirms Lockerbie deal, accuses France of threatening to block it
Libya
Backs Return Of US Oil Business: Prime Minister
US
Warns German Utility Giant Of Sanctions Over Libya Contract
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