Банкеръ Weekly

Briefs

DRIFT SANDS BENEATH THE LIBYAN CONCESSIONS

The twenty-five-year term of concession rights given to Bulgaria over Libyan oil expired on March 15. The country missed the chance not only to renegotiate the clauses of the 1979 ESPA-80 intergovernmental agreement, but also to make up for at least part of the USD200MN invested in geological...
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