"Libya Oil & Gas Report Q1 2013" Now Available at Fast Market Research
BMI View: Oil and gas production is expected to have bounced back strongly in 2012, despite the obvious political risks associated with Libya's transition to a new democratic government. Over the longer term, both oil and gas volumes are likely to increase beyond pre-war levels as new investment flows into under-explored areas - especially the offshore Sirte Basin. However, we note an eruption of regional tensions under a still fragile government could destabilise upstream growth.
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