Putin Makes A Move In Libya’s Oil Crescent

Whenever a major oil-producing region is engulfed in prolonged warfare, speculation starts to abound regarding all the potential changes to its oil and gas policy and the companies willing to take a share in its projects. The future of Iraqi oil production seems more or less settled for the upcoming years with international majors operating the most complex and grand-scale enterprises, whilst the Iraqi state companies generate know-how. Syria, too, despite occasional flareups, seems to have decided which way to go with its hydrocarbon projects…