NARCO RoundUp (January 2017)
This month’s NARCO RoundUp returns to the conventional format looking at Politics, Security and Oil in Libya, Algeria, and Morocco.
- Politics: If there is any one regional political trend it is stasis. Apart from Libya, there is not much happening on the political front in North Africa. So much so that it has been more than 17 weeks since Morocco’s legislative elections and still no government.
- Security: Violent crime has displaced terrorism as the main security risk in Libya. Algeria remains unchanged. And Morocco keeps busting terror plots, with the latest allegedly involving an Islamic State bomb maker from Libya.
- Oil: For the first time in years Libya’s near term oil outlook is good. Algeria’s not so much, but for reasons that are largely outside of its control. And questions continue to swirl around Samir, Morocco’s only (and shuttered) refinery
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