Tripoli, Libya, Sep. 14 (UPI)
The wide participation signaled the strong return of international companies to Libya's oil sector after more than 20 years of U.S. and international sanctions for alleged Libyan support of terrorism.
Among giant U.S. companies participating in the event are Occidental Petroleum and Chevron Texaco.
Other companies from Chile, France, Serbia and Croatia are also seeking shares in Libya's oil sector.
Libya's oil reserves are estimated at 36 billion barrels and gas reserves at 4 trillion cubic feet.
(United Press International)
