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Libya Faces Tough Energy Sell Following Scant Oil & Gas Claims and Government Fiascos

Posted, by Oilprice.com on February 18th, 2010

The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it’s questionable whether international companies will ignore the government’s missteps in the industry - not to mention the recent lackluster energy finds - and keep injecting money into the North African country.

The head of Libya’s National Oil Corp., Shokri Ghanem, has his eye on expanding gas exploration and production in a bid to raise exports to Europe, as well as privatizing oil refineries and the petrochemical sector, according to an interview he gave this month to the Oxford Business Group.
Full article at: Libya Oil and Gas

Authored by, Oilprice.com
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