Recently Released Market Study: Libya Oil & Gas Report Q1 2014
The security risks in Libya that we highlighted could threaten the oil and gas industry's recovery in 2012 have played out. Production has fallen rapidly in Q313 on the back of resurgence in domestic tensions, which could be exacerbated by growing unrest in the wider North African region. Oil and gas production forecasts have been downwardly revised as a result of these developments, particularly for the short term as political tensions are not likely to be resolved in early 2014....
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