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Industry / Libya

Libya Targets Pre-War Volumes In H212, While Ministers Put Pressure On Eni

December 2011 | Industry News

As production is ramped-up ahead of schedule, there are worrying signs that the interim government is stepping up the pressure on some oil companies by reviewing pre-war 'social sustainability' agreements. At this stage, these reviews are unlikely to affect oil and gas production; however, they may well impact profitability and raise costs for international operators. This could elevate downside risk to our upstream business environment ratings.

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