NARCO RoundUp (DEC17)
As 2017 winds down and 2018 gears up, NARCO takes a look back at what happened in Algeria, Libya, and Morocco last year and what’s likely to happen next year. Not surprisingly, there were no dramatic changes in trajectory in any of the three countries – with each pursuing foreseeable paths. Next year, though, “a change is gonna come” (the original of which was incidentally released 53 years ago tomorrow), and we could see meaningful developments in politics in Algeria and Libya, and hydrocarbons in Morocco.
Algeria: Down to the wire
Libya: Festering and adrift
Morocco: The return of the King
Algeria: Keep on keeping on
Libya: Not quite expanding, but definitely remaining
Morocco: The enemy only has to be right once
Algeria: Better, stronger, and faster
Libya: All the low-hanging fruit has been plucked
Morocco: Moroccan shale gas next year?