Libya’s oil minister has accused international oil companies operating in the country of taking advantage of the political instability in the country to delay their development plans. "Most of the IOCs have committed to specific projects and up till now they have unfortunately not acted as they should act," Mohamed Oun told S&P Platts in an interview. Earlier this year, Libya’s National Oil Corporation issued a statement saying that oil majors including BP and Italy’s Eni had lifted the force majeure declared on their Libyan…
