LAFICO Seeks to Invest Fossil Fuel Windfall Revenue from Record Oil Prices

Posted on 06/04/2008


The Libyan Investment Authority (LIA) continues to invest in more assets across the globe. LIA is prepping to invest its US$ 100 billion oil windfall revenues in foreign equities, foreign bonds, and overseas properties. Libya’s government also controls Libya Oil Holding and Tamoil SA.

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