Tag Archives | JP Morgan

Libya to Buy into Tunisie Telecom?

A unit of Libya's sovereign wealth fund is reported to be in talks to buy a 35-percent stake in state-owned Tunisie Telecom. Emirates International Telecommunications LLC (EIT), a subsidiary of Dubai Holdings, has put its 35-percent stake in the company up for sale to cut its debt; it bought the stake for $2.25 billion in […]

JP Morgan: Libyan Oil Output to Reach 1.3 Mbd by Mid. 2012

Analysts at the major U.S. investment bank JP Morgan revised up their forecasts on the Libyan oil production level to 1.3 million barrels per day. According to the analysts' monthly report on oil market, Libya can reach such a production level by the end of the second quarter of 2012. Earlier, analysts predicted the Libyan […]