OPTIMISTIC MEDIUM-TERM OUTLOOK FOR LIBYA’S OIL AND GAS SECTOR – BUT WAR DAMAGE REPAIRS NEEDED
November 1st, 2011
BY PAUL COCHRANE, IN BEIRUT; AND AMELIA SMITH, IN LONDON
THE NEW authorities in Libya are optimistic about the future of oil production and the role of international oil companies (IOCs) in the rebuilding of the country, now the Gaddafi regime has been destroyed. However, analysts warn there will be significant delays until war-damaged infrastructure is back online and the new government is able to make concrete decisions about the future of the sector. "I don't think the interim authorities are in a position to sign major agreements in the oil and gas ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.