BREAKING NEWS

Libya probing oil firms' contracts under Gaddafi

By REUTERS

APRIL 9, 2012 17:46

TRIPOLI - Libya has started investigating foreign oil companies over their past relationships with the former Muammar Gaddafi government, an investigator with the ruling National Transitional Council (NTC) said on Monday.

Salem Qanan, who sits on the NTC's Oil Committee, said the government had requested documents from Libya's National Oil Corporation (NOC), which is in charge of contracts between private companies and the state.

Qanan said his committee had received information from people who had worked in the energy sector during Gaddafi's rule that led it to believe there was reason to suspect the contracts agreed during that time.

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