Libya is looking sweet for oil companies and they are starting to sour on Algeria. But it may only be a medium-term trend and there is a distinct possibility that it could reverse next year. No energy companies or oil field service companies have actually quit Algeria yet, but there are murmurings of discontent. Meanwhile, after a decade of uncertainty in Libya, things are starting to look more attractive.
About North Africa Risk Consulting
North Africa Risk Consulting Inc. is the political risk consultancy specializing exclusively in North Africa & the Sahara. NARCO helps firms navigate Maghreb markets. Ongoing events in North Africa and the Sahara have heightened the need to understand political circumstances, their trajectories and implications for the commercial environment. Learn more about North Africa Risk Consulting.