Showing posts with label Libya. Show all posts
Showing posts with label Libya. Show all posts

September 3, 2007

CPC signs oil-exploring deal with Libya's NOC

The China Post - Taiwan's Chinese Petroleum Corp. (CPC) and the Libyan National Oil Co. (NOC) have signed a production-sharing and exploration agreement to tap a Libyan oilfield. Full Story

Tripoli, the capital of Libya

The China Post - Tripoli, or Tarabalus Al-Gharb, meaning "Tripoli of the West" in Arabic, is the major city and de facto capital of Libya. Full Story

Oil makes up Libya's major export earnings

The China Post - The Libyan economy depends primarily upon revenues from the oil sector, which contributes practically all export earnings and about one-quarter of the gross domestic product (GDP). These oil revenues and a small population give Libya one of the highest per capita GDPs in Africa, but little of this income flows down to the lower orders of society. Full Story