Libyan change means an attempt to obtain foreign investments

Libyan president Muammar Kaddafi is progressively getting from international isolation which is taking place for a decade. Libya admitted a responsibility in assassination on the airplane of PanAm Company over Scottish town Lockenrbie from 1988. Libyan Arab Jamahiriya is willing to pay out totally up to 2.7 billion USD to the mourners of the victims. Consequently UN sanctions from 1992 on Libya were cancelled in 1999. These sanctions were completely cancelled last year in the autumn. In the end of the last year Libya gave up the program of development of mass destruction arms and USA consequently cancelled a prohibition for USA citizens to travel to Libya. However American economic sanctions still remain valid. M. Kaddafi also broke diplomatic blockade in the last weeks, when Italian premier Silvio Berlusconi and British premier Toni Blair visited him. British-Dutch concern Royal Dutch-Shell obtained in Libya important contact closely before visit of Toni Blair. Italy covers a quarter of its own oil demand by import from Libya. After breaking up of American sanctions the duel between American and British companies on obtaining of the best position in the country will start again. UN embargo caused Libya loss of billion USD of export incomes. The incomes from oil export represented 13.4 billion USD in the last year. In October of last year Libyan premier Sh. Ghani published a list of 361 companies in energetics, metallurgy, building and agriculture, which Libya wants to privatise during this year. Importers of Libyan oil, as well as the companies, which are interested in licences for oil mining in Libya are also analysed in the paper