Libya does not expect to issue any new oil concession licences in 2011, the chairman of its National Oil Corporation (NOC) said on Thursday.
Libya has not held an oil and gas licensing round for several years, although it has signed exploration and production licenses with individual companies.
Asked in Cairo if Libya would issue new oil concessions next year, NOC Chairman Shokri Ghanem said: 'No I don't think so. For the moment, no.'
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