Word: libya
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Dates: during 1950-1959
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Gaillard envisages the establishment of a Mediterranean alliance composed of Tunisia, Morocco, Libya, Spain, Italy, Britain and France. It would also include Algeria-as a part of France. Militarily, the proposed pact would be designed to defend North Africa against both Communism and Nasserism. Economically, it would offer its members the right to participate in development of the oil and mineral resources of the Sahara...
...Mattel, boss of E.N.I., the state-owned oil and gas company which in little more than a decade has grown out of a near-bankrupt Fascist monopoly to become Italy's most successful economic enterprise. The "nasty thing," according to Mattei, was E.N.I.'s complete exclusion from Libya, where more than a dozen British, French and U.S. oil companies are engaged in a hard-driving search for oil. As Mattei told it, the Libyan government had suddenly reneged on a tentative agreement to give him a 17,000-sq.-mi. concession in the Libyan desert, instead gave...
...many oil experts it seemed likely that Libya had been motivated by E.N.I.'s relative lack of capital, its undistinguished record in finding oil in Italy, and the understandable reluctance of a former Italian colony to admit an Italian government corporation to its territory. Enrico Mattei had a simpler explanation: unfair pressure on the Libyan government by U.S. oil companies...
...Place. Libya was only an episode in a Mattei campaign that threatens to upset all the painfully negotiated agreements between Western oil companies and Arab governments in the Middle East. Mattei calls it a feud, and dates it from the day he applied for partnership in the international consortium that now runs the rich Iranian oilfields. "At the time," recalls Mattei, "E.N.I, had only two drilling rigs and no experience. The consortium laughed and denied me my place at the table...
Legend of the Lost (Batjac; United Artists) is filled with authentic Technicolor views of Libya, and packed with authentic Hollywood hokum. The movie stars Rossano Brazzi as a no-good do-gooder, Sophia Loren as a bad girl from Timbuktu, and John Wayne as the man who discovers something good about...