/ 23 November 1999

TURKEY TO DRILL IN LIBYA

TURKEYS’s national oil and gas comany has sealed an agreement with its Libyan counterpart to explore and drill oil in the North African country. Under the agreement, the Turkish Petroleum Corporation (TPAO) will work in two of the 12 fields which Tripoli opened for exploration in 1995. The Libyan parliament is expected to ratify the agreement within three months.

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