The son also rises as Ghanem returns to the helm of Libya’s NOC


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Issue 173 - 30 Oct 2009 | 3 minute read

Two months after his unexpected resignation, Dr Shukri Ghanem has returned to his old job as chairman of National Oil Corporation (NOC) (AE 170/1). But although international oil companies and other foreign participants in Libya’s energy sector may draw some comfort from this equally sudden victory for the Jamahiriya’s liberalising tendency, it is far from clear that business is about to get easier.

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