Lawyers
Mahmud Mukhtar has substantial experience in advising international oil companies in the upstream and downstream sectors, oil services companies, international banks and finance institutions and foreign investors.

Mahmud's practice focuses on advising on various aspects of the Libyan Petroleum Law and Exploration and Production Sharing Agreements (EPSA), the Libyan Foreign Capital Investment Laws, as well as acting as counsel in litigation and arbitration before all Libyan courts and international arbitral venues.

Transactional and advisory experience includes:

  • Advised US oil companies in the negotiation of terms of re-entry and restructuring of exploration concessions frozen during the 1980's.

  • Advised major international oil exploration and production companies on the negotiation of EPSA's with the Libyan National Oil Corporation during the various bid rounds held since 2004, including advising on and the preparation of Arabic documents of new EPSA's replacing the traditional concessions.

  • Advised major international cement manufacturer on the bid to acquire an equity interest in a Libyans state-owned cement concern in conducting the legeal due diligence and negotiation with Libyan authorities.

  • Advised the leading five Libyan commercial banks on a LYD25million loan facility to the Public Telephone and Telecommunications Company.

  • Advised ABC International Bank plc and Standard Bank on US$16million project finance of the Intercontinental managed Al Waddan Hotel, Tripoli.

  • Advised major European bank on US$125million proposed financing of the Intercontinental Al Ghazala Hotel Development, Tripoli.

  • Advised international hotel operator on the operation and management of new hotel development in Tripoli.

  • Participated in several international arbitrations involving international oil companies in several jurisdictions including the US, Europe and the Caribbean. These arbitrations include proceedings between Libyan government and/or the National Oil Corporation of Libya and the New England Petrolem Corporation in New Yok and the Bahamas (1977), Libyan American Oil Company in the USA, France, Sweden and Switzerland (1979-1981), Sun Oil Company (1985) and others.

  • Represented major international oil companies operating in Libya in tax appeals relating to the levying of stamp duty on Exploration and Production Sharing Agreements (EPSA's) and other agreements.

  • Advised foreign investors on structuring and organizing investments under Libyan investment laws.

  • Represented international companies in several actions for trademark infringement in Libya.

    Bars and Courts
    Member of the Libyan Bar Association
    Rights of audience before First Instance Courts, Courts of Appeal and the Supreme Court of Libya.

    Education
    LL.M Harvard Law School
    LL.B University of Libya.

    Publications and Speeches
    "Libya: A Guide to Commercial Law, Banking Law and Accounting" (co-author), Mukhtar, Kelbash & Elgharabli and Frere Chomley Eversheds LLP, GMB Publishing, 2008.

    "Doing Business with Libya" (co-author), 2nd Ed. Kogan Page Limited, 2004.

    "Year-in-Review of Developments in Middle Eastern Law: Law", (co-author), The International Lawyer, Vol36, No.3. 2001.

    "Libya's Investment Laws" (author), paper presented at Doing Business in Libya, a conference hosted by Eversheds, Ernst & Whinney and Mukhtar, Kelbash & Elgharabli, in London 11 November 1999.

    Languages
    Arabic and English.
  • Mahmud R. Mukhtar
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