The new leaders of Libya's top oil body have delayed official tender deadlines to negotiate better deals, traders say, frustrating some of their oil partners now in talks for lucrative 2012 oil contracts.
Freshly-appointed managers of Libya's powerful National Oil Corporation (NOC) are preparing to award sought-after crude oil and fuel import contracts worth billions for next year as the OPEC member's top industry resumes business after months of war.
The NOC is expecting to announce winners within the next few weeks in a process seen as an important test of the NOC leaders' ability to manage relations with international oil firms like majors Total as well as independent traders such as Vitol and Trafigura.
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