Libya’s track to security challenged by militias and the Mali nexus | Al Arabiya
By Oussama Romdhani
Despite all street protests against the bloody attack on the U.S. Embassy and the security measures taken by the government after the attack, violence has continued unabated in Benghazi. There has been even another attack on a Western diplomatic target. The failed assassination attempt against Italian consul Guido De Sanctis, on January 12, caused a stir.
“This attack will certainly be a reason of concern for many oil companies who are operating in Libya or planning to return to Libya,” the Tripoli-based analyst for the International Crisis Group, Claudia Gazzini, said. “It can have a negative impact on their decision to stay or return.”
With Italy being the number one foreign investor in Libya’s hydrocarbon sector, this attack did not obviously help the Libyan government in its efforts to woo back Western companies. Only two days before the assassination attempt, Mohammed Megarief, President of the Libyan National Assembly, was in fact on an investment promotion trip in Rome. In December, Italy’s ENI was the second foreign oil company, after Algeria’s Sonatrach, to announce the resumption of oil exploration in Libya.
FULL ARTICLE (Al Arabiya)
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