Algeria's Energy Future was launched at a half-day round-table seminar at Chatham House, London, on Wednesday 6 April.
The report was presented at the seminar by its lead authors, Jon Marks and John Hamilton, and critically assessed by Algerian and international experts. Read more
The African Energy Atlas has established itself as an indispensable resource for energy industry professionals.
The 2011 edition features more than 45 maps and charts drawn with expert care by journalist cartographer David Burles. Read more
Briefings and Reports 2
AfricaHardball is an executive dialogue that brings together policy-makers, industry leaders and analysts to discuss the key political issues affecting African markets in frank and open terms.
The next AfricaHardball roundtable will be held on 1 December in London, focusing on North Africa Read more
Briefings and Reports 3
A detailed and frank analysis of Libya’s energy sector
Published in July 2010, Libya's Energy Future provides authoritative, independently sourced analysis of Libya’s energy sector policy and history, examines the country’s governance and financial record and assesses the potential for international partners to do business with its institutions and interest groups.
Whether you are planning to expand your Libya business or looking to break in to this challenging and rewarding market, Libya’s Energy Future can help you succeed.
Cited by the Financial Times, the Times, the BBC, and numerous industry publications, it is a source of information and analysis unrivalled in its scope and authority.
Launched on 20 July 2010 at a seminar at Chatham House, London’s pre-eminent foreign affairs think tank, the 72-page publication includes:
• Detailed up-to-date maps
o power and hydrocarbons infrastructure o oil and gas fields o exploration areas
• Comprehensive data and analysis on every current
energy project:
o oil and gas exploration, development, production o downstream refining, petrochemicals and LNG o pipelines o power generation, transmission and distribution
• Clear and up-to-date charts and graphs
o Estimated reserves o Future exploration o Bilateral exploration commitments o Rig couint o EPSA-4 exploration progress and results o Past, present and future oil production o IOC renegotiations o Oil field contracts o Oil sales and exports
The report provides authoritative, independently sourced analysis of Libya’s energy sector policy and history, examines the country’s governance and financial record and assesses the potential for international partners to do business with its institutions and interest groups.
Supporting the analytical report, Libya’s Energy Future also includes, in one volume, African Energy’s practical guide to the industry: The Libya Oil and Gas Handbook 2010/11 with more than 160 detailed, independently researched profiles of key companies and organisations active in the country, including names and contact details of key personnel. The handbook’s publication sprang from a desire to understand the sector by making available as many contacts as possible within the Jamahiriya and among its business community – giving readers the benefits of years of visits to companies and interviews by CbI staff.
• NOC and its subsidiaries
• NOC/IOC joint ventures
• International oil companies
• Engineering and construction companies
• Sesimic and geophysical
• Drilling and workover
• Oil and gas services (international and domestic)
• Libyan institutions
• Banks and lawyers
• Business advice
Much of the data in Libya’s Energy Future is not available in other publications. It is derived from the continuous expert monitoring of the sector carried out by the leading industry publication African Energy and its superb network of correspondents and sources which extends across the whole African continent.
“Libya’s Energy Future offers not only detailed insight into specific projects and players, but also a clear understanding and analysis of the dominant issues, making it essential reading for anyone serious about doing business in Libya”
Libya’s Energy Future – background
Libya’s Energy Future 2010/11 builds on a special issue of African Energy that was published last year, one month before the 40th anniversary of Colonel Muammar Qadhafi’s ‘Great El Fatah Revolution’. Extensively rewritten and expanded by John Hamilton, supported by correspondents in Libya and third countries, and by Cross-border Information’s team of writers and researchers, it is intended to give an informed overview and analysis of the electricity, and upstream and downstream gas and oil industries in the Great Socialist People’s Libyan Arab Jamahiriya (State of the Masses).
It also examines Libya’s governance and financial record, and assesses the potential for international partners to do business with its institutions and interest groups. This includes analysis of the Libyan political system, from the influence of younger members of the Qadhafi family to the continued importance of tribal relationships. It also provides analysis of the emergence of a more functional and globalised financial system – a significant positive trend that has been reflected in a series of microeconomic developments which should benefit the Libyan population and investors alike.
To mark the publication of African Energy’s newly updated and expanded Libya’s Energy Future report and associated The Libya Oil and Gas Handbook, publisher Cross-border Information Ltd (CbI) and the Royal Institute of International Affairs’ Middle East and North Africa Programme (Menap) held a morning-long roundtable seminar at Chatham House, London on Tuesday 20 July to discuss the issues raised by the report.
The report was presented by its lead authors, John Hamilton and Jon Marks, and critically assessed by Libyan and international experts including
Dr Bourima Ali Belgasem,
executive general manager,
Supreme Energy Affairs Council, Libya; and Professor Paul Stevens, recipient of the 2009 OPEC Award in recognition of his outstanding work in the field of oil and energy research.
Topics tcovered included:
Qadhafi family politics – The relative standings of Colonel Qadhafi’s children within the Jamahiriya (State of the Masses). Speakers examined the roles of key family members not only from the point of view of succession, but also present day policy-making and economic influence. The report includes family trees and other data.
Reform or reaction? – The conflict to shape Libya’s future between reformist and traditionalist tendencies is far from resolved. The seminar examined the successes and failures of attempts to reform Libya’s economy and government.
Key institutions – Libya deploys its rapidly growing wealth through a number of massive funds and institutions that operate both domestically and internationally. The report analyses the most important of these, asking who controls them and how they are spending their money.
Finance and investment – Over the past two years, the government has advanced a massive programme of banking, investment and tax reform that on paper adds up to a major advance in economic reform. Speakers explained the detail and assessed how the reforms will – or won’t – work.
Energy policy – An overview of National Oil Corporation’s relationships with international companies, its internal dynamics, and the battle to reform or control the sector. With at least ten maps and graphics, detailed project tables and deal analysis, the report gives a comprehensive overview of the oil and gas, and electricity industries.
Qadhafi and the world – The overlap of business and diplomacy presents both opportunities and great dangers to international companies engaging with the Jamahiriya. Speakers examined how companies have won and lost in this unstable environment
All delegates received a complimentary copy of the full Libya's Energy Future report.
Sample articles on Libya from the African Energy archives
Al-Megrahi’s return protects vital interests
Nearly a decade of quiet British diplomacy and adroit Libyan manoeuvring left Scottish Justice Minister Kenny MacAskill with no realistic option but to return convicted Lockerbie bomber Abdelbasset Ali Mohammed Al-Megrahi to Libya. Any alternative would have thrown into question the whole logic of rapprochement with Libya – one of the UK’s few notable international triumphs of recent years. Issue 169, 4 September 2009.Read the full article
How BP’s Libya deal got back on track
The ratification of BP’s $900m gas exploration contract with National Oil Corporation (NOC) returns British relations with Libya to an even keel. As African Energy exclusively reported in November, Libyan Leader Muammar Qadhafi halted the deal to pressure the UK into allowing Lockerbie bomber Abdelbaset Ali Mohammed Al-Megrahi to be repatriated (AE 126/1). Issue 132, 8 February 2008.Read the full article
Libya: big opportunities, tough market – then there’s the politics
Concern that BP’s mega gas exploration and development deal may be delayed by the apparently never ending Lockerbie affair adds to the view that success in the Libyan hydrocarbons sector is hard to achieve, even for the biggest, best-supported operations in the business, writes John Hamilton. Issue 126, 16 November 2007.Read the full article