Libya
Economy
Now at the helm of the National Oil Corporation (NOC), former prime minister Shukri Ghanem is pressing the accelerator on modernisation of the energy sector following a period of...
2006-07-03Political Risk
It's been a long time coming, but it may well have proved worth the wait; Libya's removal from Washington's list of state sponsor of terrorism (leaving a convenient space for newly...
2006-05-19Political Risk
The timing of the normalisation of relations, just days after Tripoli announced a new oil licensing round, suggests that the Libyan authorities will seek to make capital out of the...
2006-05-19Economy
Libya is on course for a massive current account surplus in 2006, though BMI's US$17bn surplus forecast is around US$2.5bn lower than the IMF's latest projection because of different...
2006-05-18Economy
The Libyan authorities will draw selective comfort from some of the findings from the IMF's assessment of the economy under the Article IV programme, released in April. Though the...
2006-05-08Political Risk
Yet another landmark in Libya's ongoing international rehabilitation was marked by the resumption of cover by US Eximbank on March 23, which extends export credit guarantees for US...
2006-04-04Economy
With BMI raising its oil price forecast for the Opec basket by US$5/b to US$51.3/bbl in 2006, Libya's public finances will prove healthier than previously expected. With crude prices...
2006-03-10Political Risk
On 6 March, it was announced that former prime minister and key reformist Shukri Ghanem had been replaced by his former deputy, the more conservative Dr Ali Baghdadi Mahmudi. This...
2006-03-08Economy
With oil prices rising above US$67/bbl in early February, suggesting another strong year for crude markets, there is a clear upside risk to our oil revenue forecasts for Libya. Production...
2006-02-13Economy
After a strong Q3, when oil prices were driven upwards by the temporary loss of 10% of US refining capacity following Hurricane Katrina, prices fell markedly in Q4. The trend - which...
2006-02-06




