MIXED FORTUNES FOR LIBYAN OIL

Despite gloomy predictions that the Libyan oil industry would take years to recover from the impact of civil war, national oil production has virtually returned to pre-war levels. This will provide much needed revenue to fund national reconstruction. Yet the lack of national cohesion, continued insecurity and doubts over the investment regime have left investors with mixed feelings over the attractiveness of North Africa’s biggest oil producer.

To read the full article please refer to the July 2012 edition of The MiddleEast Magazine.