See also:
» 02.12.2009 - Swiss nationals get jail terms in Libya
» 23.11.2009 - Libya and FAO sign $71 million development deal
» 15.05.2009 - Libya gets 3 patrol boats from Italy
» 29.04.2009 - Libya signs prisoner swap agreement with Britain
» 09.04.2009 - Libya files law suit, demands compensation over arrest
» 03.04.2009 - US visa office reopened in Tripoli
» 23.03.2009 - Libya to recruit Bangladesh workers for dev projects
» 09.03.2009 - Libya to lodge formal complaint against Swiss authorities











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Libya | Western Sahara
Economy - Development | Politics | Human rights

Tamoil shuns Sharawi oil

afrol News, 30 December - Tamoil Africa has refuted media reports that it had signed oil exploration permits in Western Sahara. The Libya-based company said it has no plan to invest in any oil operations in Western Sahara.

"The company denies emphatically some media reports about an oil investment deal in Western Sahara," Tamoil Africa said in a statement. "It did not sign any agreement on oil exploration permits in Western Sahara and it has no plan to invest in any oil operations there."

Rather, Tamoil Africa announced that it had reached a deal with the Chadian government which had awarded an oil exploration permits on three oil blocks located close to the border with Libya.

Since the Libyan government remains neutral on the Western Sahara affairs, it would not therefore sit back and allow any of its companies to reach oil exploration deal with the disputed state.


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Rwanda
Rwanda succeeds including citizens in formal financial sector

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