Preliminary assessment of Arab Spring's impact on oil and gas in Egypt, Libya

Gawdat Bahgat National Defense University Washington, DC Popular movements toppled the leaders of Tunisia, Egypt, and Libya in 2011, and these uprisings are likely to have short and long-term impact on these societies with global ramifications. This study focuses on Egypt and Libya and highlights how the oil and gas industry in these two North African countries has been impacted by political upheavals. Specifically, I examine the impact on production, consumption, shipping, and investment. Objects of the tumult The year 2011 was, by all accounts, a turning point in North Africa and the broader Arab world. Popular movements toppled three dictators—Zine al-Abidine Ben Ali in Tunisia, Hosni ...

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