China says Libya ready to compensate Chinese companies
Libya has said it is ready to compensate Chinese companies, China's foreign ministry said on Wednesday, raising the possibility that Chinese businesses that suffered losses during the country's unrest may receive some payment.
November 23, 2011 11:00 by Reuters
China has limited investments in exploring and producing oil in Libya, and is instead focused on servicing the sector. China’s companies also have significant construction contracts in the country.