Middle East Economic Survey
VOL. LII
No 37
14-Sep-2009
IOCs Face Uncertain Future In Libya Following Ghanems Resignation
The forced resignation last month of Shukri Ghanem as chairman of the National Oil Corporation (NOC) has created a new world of uncertainty for international oil companies (IOCs) operating in Libyas opaque oil sector. Dr Ghanem is widely credited with opening the countrys oil sector up to foreign investment after economic sanctions were lifted, and many IOCs owe their Libyan...
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