This file photo taken on October 21, 2014 shows the logo of French oil company headquarters Total, in La Defense business district, near Paris. AFP / MARTIN BUREAU
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Libya is considering whether to intervene in a $450 million deal that French major Total announced last month to buy Marathon Oil's stake in the country's Waha concessions, several sources familiar with the matter told Reuters."The NOC wants to buy the Total part," one source from the leadership of Libya's internationally recognized government, the Presidency Council, said.He added that officials were examining the value of the 16.33 percent Waha share with a view to possibly raising funds for a counteroffer with money from Libya's $67 billion sovereign wealth fund, the Libyan Investment Authority.A Libyan oil source, speaking on condition of anonymity, said that at least some within the NOC found the price Total was paying too low.
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