CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A017200060002-3
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: December 14, 2016
• Document Release Date: June 18, 2003
• Sequence Number: 2
• Publication Date: September 26, 1970
• Content Type: REPORT

Approved For Release 2003/06/25 : CIA-RDP79T00975A017200060002-3 25X1
Top Secret
DIRECTORATE OF
INTELLIGENCE
Central Intelligence Bulletin
Top Secret
C 196
26 September 1970
Approved For Release 2003/06/25 : CIA-RDP79T00975A017200060002-3
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26 September 1970
Central Intelligence Bulletin
CONTENTS
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LIBYA: Oil negotiations (Page 10)
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LIBYA: Representatives of the six major in
ternational oil companies met yesterday in New York
to develop a joint position in their continuing dis-
pute with the Libyan Government on posted prices and
taxes. Two of the companies will begin negotiations
on these matters in Tripoli tomorrow. Although the
results of the New York consultations are not yet
known, the companies reportedly were planning to re-
ject certain features of the settlement negotiated
by Occidental and three members of Oasis on the as-
sumption that Libya is bluffing. If they resist
settlement, however, Libya will probably take some
action, such as suspending their production. A
suspension would reduce further the oil available
from sources in the Mediterranean by about 1.5
million barrels per day, which would aggravate the
already tight oil supply situation in Western Europe.
(continued)
26 Sep 70
Central Intelligence Bulletin
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