TRIPOLI (AFX) – Libya said its potential oil reserves could be three times higher than currently proven, and that many US firms have expressed interest in developing them once sanctions are lifted. Energy Minister Fathi Omar Bin-Shatwan said “a lot of experts working in Libya say our oil reserves may be more than 100 billion…
LIBYA: Tripoli says potential oil reserves three times those proven, US companies interested
Posted on April 29, 2004 by EnergyAsia