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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1201)	7/22/1999 9:06:00 AM
From: Tomas	Read Replies (1) \| Respond to of 2742

"Libya has offered to loan Saudi Arabia $3 billion in exchange for assistance in lifting UN sanctions and unfreezing Libyan assets" Saudi Arabia Reportedly Still Broke Stratfor Commentary, 990721 The opposition "Movement for Islamic Reform in Saudi Arabia" website reported on July 20 that Libya has offered to loan Saudi Arabia $3 billion in exchange for Saudi Arabia's assistance in lifting UN sanctions and unfreezing Libyan assets. The website claimed that Libyan leader Moammar Khaddafi made this offer after Saudi attempts to secure loans from Kuwait, the United Arab Emirates and other Gulf countries had failed. The real significance of this report does not lie in the alleged source of the loan offer. It is entirely reasonable for Libya to seek relief from its economic and political isolation, even if it must purchase support. If this says anything new about Libya, it is that Khaddafi may have got over his "I am African" snit and is attempting to mend relations with the Arab world. Full article: stratfor.com