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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Libya SWF denies interest in Petroplus oil refinery

Posted on 27 November 2012

Libya’s sovereign wealth fund on Monday denied it wants to invest in the troubled Petroplus oil refinery in northwestern France, the official news agency LANA reported. The Libyan Investment Authority “denies reports on certain media and circulating on the Internet that it plans to buy a refinery in France,” it said, quoting a statement from the LIA.
It said the reports were incorrect and that “the media did not take the trouble to verify them,” adding that the LIA had not even carried out any such feasibility project for such an investment………………………………………..Full Article: Source


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