Issuers of energy. PT Medco Energy International Tbk (MEDC) will sign Commercially approval by the Libyan government in March this. The agreement related to the Libyan project.
MEDC with Lybian Investment Authority would then form a joint venture company with ownership share 50:50. MEDC intend will invest U.S. $ 400 million or half of the total investment to block Libya.
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