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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (2050)	2/22/2001 2:51:58 PM
From: Greywolf	Read Replies (1) of 2742

Libyans fill war chest, Three Libyan banks have lent the country's National Oil Corporation $125 million to finance part of an exploration and development plan, Libyan news agency Jana reported on Thursday. The Libyan Central Bank, Foreign Libyan Bank and the Libyan Foreign Investment Company granted NOC the loan under an agreement signed in Tripoli on Wednesday. "NOC will invest the loan amount in implementing its plan to develop the oil industry, including financing two oil exploration projects," Jana, monitored in Tunis, added without giving more details.

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