Libya’s oil and gas: Opportunities and risks
Libya’s oil and gas sector will play a central part in restoring the country’s economy after the revolution in 2011 that toppled Muammar Gaddafi's 42-year dictatorship. They are key to Libya’s transition to a democracy, if managed properly. Major oil fields are already coming back on stream boosting world energy supplies and a large part of the country remains unexplored. But, uncertainty faces both new and existing investors. And as Russian American author Isaac Asimov once said: ‘It is the transition that is troublesome.’
LIBYA holds the eighth largest proven oil reserves in the world and the largest in Africa. Although oil activity started in the 1950s, the country remains highly ...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.