May 9, 2019 / 4:55 PM / 10 days ago

Libya gives 40 foreign firms three months to renew licenses

TRIPOLI, May 9 (Reuters) - Libya's internationally recognized government will give 40 foreign firms operating without licenses a grace period of three months to rectify their legal status, a government official said on Thursday.

The economy and industry ministry said earlier in a decree that the firms, including French oil major Total, would be suspended as their licenses had expired. (Reporting by Ahmed Elumami Writing by Ulf Laessing; editing by John Stonestreet)

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