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- Title
OIL AND GAS: Libya.
- Abstract
The article reports that Total and Repsol, the European energy groups have found more oil in Libya emphasizing the country's abundant fossil fuel wealth. The two oil companies enunciated that the J-1 well in the Murzuq Basin in the Sahara Desert had flowed at 4650 barrels per day. The J-1 well is the oil companies' sixth discovery in the area. Libya has already announced an ambitious increase oil production and has been looking for foreign investors to assist in the investment.
- Subjects
LIBYA; PETROLEUM industry; FOSSIL fuels; PETROLEUM products; ENERGY industries; REPSOL YPF SA; INVESTORS; TOTAL SA
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2005, Vol 42, Issue 10, p16734
- ISSN
2053-227X
- Publication type
Article