Word: libyans
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...become an American President's first direct Egyptian contact since relations between Washington and Cairo were severed in 1967. Ismail's visit suggested that Egypt is aware that the road to peace with Israel runs through Washington rather than Moscow. But Israel's attack on the Libyan airliner clearly neutralized much of the trip's value. Nonetheless, Secretary of State William Rogers telephoned Ismail, who was in London when the plane was hit, to persuade him that the disaster had made his visit that much more imperative...
ATER 25 years of open or undercover warfare, neither Israel nor the Arab states can find much pride or glory any longer in the killing. But Israel last week carried aggression to new heights. Over the occupied Sinai peninsula, Israeli Phantoms scrambled to intercept an unarmed Libyan Arab Airlines Boeing 727 jet that was bound for Cairo and almost certainly had lost its way. The Israelis shot it down, killing 105 of the 111 people on board...
Troubled Time. In the past two years Occidental has fallen into trouble. Production in Libya, the backbone of its operations, has been on a roller coaster and has never reached the mil-lion-barrels-a-day level that Hammer once forecast. The Libyan government ordered it cut from a high of 800,000 bbl. daily early in 1970 to 320,000 bbl. now. The revolutionary government of Colonel Muammar Gaddafi has been distressed by charges cited in a lawsuit filed in the U.S. that Occidental had won its concessions partly by f unneling money to officials of deposed King Idris...
...company's prime market. Occidental has made new oil discoveries in Nigeria and Peru, and last week a consortium that it heads brought in its first well in the North Sea-a promising development, although the potential cannot now be accurately assessed. On the other hand, the Libyan government is moving to acquire 50% of all Western oil interests in the country, an action that would hurt Occidental badly...
...company has gone through two presidents and a number of vice presidents in the past four years, and no clear successor seems ready to take over from Hammer, a boss who sometimes insists on deciding the most minute details. Clearly, Occidental could use a spectacular coup like its Libyan discoveries-and what is more natural than that Hammer should seek it in the Soviet Union, scene of his first youthful triumphs...