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Sovereign Wealth Funds Briefing - Categorized | Investment

Libya denies interest in acquiring BP stake

Posted on 08 September 2010

From Timeslive.co.za: Libya has no stake in British energy giant BP or any other international oil firms, the government website said, countering speculation to the contrary. “We warn that the Libyan Investment Authority is the only body tasked to take decisions on investment,” it added.
In July, Chokri Ghanem, chief of Libya’s National Oil Co, had said “BP represents an opportunity for any investor.”………………………………………Full Article: Source


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