Courtesy of STRATFOR (subscription required), some very interesting analysis of what Libya’s upcoming elections may mean for international investors: Libya’s citizens will head to the polls July 7 in the first national elections since the October 2011 ousting of former leader Moammar Gadhafi. The upcoming election will select a prime minister, Cabinet and a constituent authority that […]
Read more »Via McKinsey Quarterly, an in-depth interview with Dr. Shokri Ghanem, chairman of Libya’s National Oil Corporation, about the future of energy pricing, the operation of national oil companies, and their changing relationship with the international oil majors: “…Since the day in 1968 when Dr. Shokri Ghanem took a post at Libya’s Ministry of Petroleum, he […]
Read more »Via his blog, here are Mark Mobius’ interesting thoughts on North Africa’s investment potential: “…most international sanctions against the country [Libya] were lifted in 2004, and in 2006, the U.S. removed Libya from its state-sponsored terrorism list on which Libya had stayed for 27 years. Since then, Libya has attracted a wave of interest from […]
Read more »Via The Wall Street Journal, a report on the waning interest in – and potential of – Libya’s petroleum sector. As the article notes: “…The release of the Lockerbie bomber triggered speculation that British energy companies trying to access Libya’s oil wealth could soon hit a bonanza. But in reality, Big Oil is already there, […]
Read more »Via Robert Amsterdam’s fine blog, an interesting analysis of Italy’s ENI’s efforts to penetrate the Libyan market in partnership with Gazprom. As the article notes: A few days ago, the CEO of the Italian energy group Eni told everybody he felt calm and “serene” with regard to Gazprom’s decision to cut off all gas flowing […]
Read more »Via The Wall Street Journal, a report that Libya’s state-run energy fund plans to acquire a minority stake in Italian oil and gas company Eni SpA and might push for representation on Eni’s board. According to the article: “…In a phone interview on Sunday from Tripoli, Shokri Ghanem, head of Libya’s National Oil Co., said […]
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