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Monthly Archives: July 2011
Libyan oil production will take years, not months, to return to full capacity once a political solution to the conflict is found, according to Barclays Capital.
“The reincorporation of Libyan oil into the world market increasingly seems a distant possibility” according to the study, which warns of a lasting political vacuum after the potential fall of the Gaddafi regime. Read more
Energy subsidies in Pakistan are contributing to “severe supply problems” according to a report from the country’s Petroleum Institute.
Power consumption has grown by 80% over the last 15 years, but a failure to keep up with demand has led to crippling electricity shortfalls. Read more
Uganda is planning to build only the second oil refinery in East Africa by 2015.
Following the recent discovery of 2.5 billion barrels of oil, Uganda aims to develop a refinery in Hoima, according to Fred Kabagame Kaliisa, permanent secretary at the energy ministry. Read more