Libya: Light At End Of Tunnel As Losses Hit $7.5bn
Libya’s top oil officials are keen to put a positive gloss on the recent turmoil in the country’s energy sector, pointing to progress in restoring partial production and export capacity, and to new hydrocarbon regulation. A new bid round – scheduled for mid-2014 – will show whether IOCs are buying into the story.
The Libyan oil sector has been making plenty of headlines lately, but for...