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

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To: Greywolf who wrote (2051)2/22/2001 2:56:51 PM
From: Tomas   of 2742
 
Libyan financial institutions grant oil company 150m dollar loan
Text of report by Libyan news agency Jana, in Arabic, February 22

Tripoli, 22 February: An agreement was signed yesterday according to which the Central Bank of Libya, the Libyan Arab Foreign Bank and the Libyan Arab Foreign Investment Company would grant a loan to the National Oil Corporation.

The National Oil Corporation will invest this 150m-dollar loan in carrying out its development programmes, developing oil resources and financing oil prospecting projects.
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