New NOC budget encourages Libyan move towards decentralisation
Issue 228
- 30 Mar 2012
| 5 minute read
Lively debate over the future look of the Libyan energy sector suggests that devolved management and a more open process of setting budgets will emerge in the post-revolutionary institutions. But while change will be welcomed, IOCs and other investors should still expect a climate of hard bargaining to prevail
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