Libya - the political economy of oil

This book aims to provide a broad description of the oil and gas sectors in Libya in the context of history, economic policy and international relations. The topics covered include: the development of the Libyan oil industry; the Libyan Petroleum Law of 1955 and subsequent amendments; production-sharing contracts; reserves and production; marketing and pricing before and after the Tripoli Agreement of 1971; refining in Libya and Europe; natural gas; petrodollar investments; possible future developments. (3 figures; 25 tables; 126 references) (UK)