US firms see new opportunities in Libya pending settlement

03/17/2003
US companies with languishing interests in Libya are growing increasingly optimistic that international sanctions against that country may be removed as early as this spring, with US restrictions gone by the end of the year.US government and industry sources said earlier this month that Libya has reached a tentative agreement with the US and the UK to accept civil responsibility for the 1988 bombing of Pan Am flight 103 over Lockerbie, Scotland, and to pay the families of the 270 victims $5-10 million, depending on how fast the US and the United Nations lift commercial sanctions.Those sanctions, along with a related US law designed to discourage foreign companies from investing in the Nor...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected