Via The Financial Times, news that Qatar will invest about $8bn in Libyan companies in the financial services, energy and real estate sectors. As the article notes: “…Libya, with a population of 5 million and the biggest oil reserves in Africa, is moving to modernise, but faces an uphill struggle in a command economy where […]
Read more »Via DowJones, a report that Russian energy companies OAO Gazprom (OGZPY) and OAO Lukoil Holdings (LUKOY) may revive Soviet-era ties to enter the oil-rich Gulf of the Mexico – through its Cuban backdoor. As the article notes: “…Gazprom and Lukoil “are interested by” Cuban hydrocarbons acreage, the country’s Basic Industry Minister Yadira Garcia told Dow […]
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