Ukraine, Libya sign oil agreement
SPECIAL TO WORLD TRIBUNE.COM
Thursday, October 16, 2003
Libya and Ukraine have signed an oil cooperation agreement.
The agreement was signed on Tuesday during the visit by Ukraine
President Leonid Kuchma. Kuchma and Libyan ruler Moammar Khaddafy witnessed
the oil accord as part of a series of cooperation agreements.
Officials said the agreement constituted a memorandum of understanding
for cooperation on energy issues. They said this would include cooperation
in the exploration and development of oil and natural gas resources.
Ukraine has sought to obtain energy contracts in Libya to develop the
North African country's gas sector. The two countries also signed agrements
on scientific and technology cooperation.