Tripoli backs two joint ventures

March 2007
MEED: Middle East Economic Digest;3/2/2007, Vol. 51 Issue 9, p15
Trade Publication
The article reports on the approval of two joint ventures between the National Oil Corp. and foreign investors by the Libyan government. The joint ventures is aimed at developing petrochemicals facilities in the country. The first venture will see U.S. company Dow Chemical upgrade and expand the country's biggest petrochemicals facility at Ras Lanuf. A second joint venture with Yara International will revamp a fertilizer plant at Marsa el-Brega.


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