And now for the oil

Ford, Neil
August 2004
Middle East;Aug/Sep2004, Issue 348, p40
With diplomatic rapprochement almost complete, Libya's re-entry into the international political economy is progressing to a new stage. The Libyan government is keen to attract foreign investment in a wide range of sectors but realizes that only greatly increased oil and gas production can generate the income required to develop other areas of the economy. The U.S. had been a little more reticent to recognize the winds of change in Tripoli but the normalization of Libya's relations with the rest of the world was finally confirmed by the resumption of oil exports to the U.S.


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