The toppling of Gaddafi and prospects of foreign energy companies in Libya

Oil in exchange for support – time tested motto Widely spread today opinion about the depletion of global hydrocarbon reserves triggers off competition for taking them under control. Yielding a profit from North African natural resources, primarily oil and gas, is an important factor making this region attractive for foreign business. The main driving force for developing deposits of mineral resources has always been commercial profitability. Subprime cost of ...