Oil industry job site notes massive yearly decline from Libya amid civil unrest
Oil and gas industry job site OilCareers.com expressed concern over the Libyan market, citing a drastic decline in visits from the country.
In April 2010, 4,149 visits were recorded. But in April this year, there were only 13 visits amid the nation’s ongoing civil war, officials said on Wednesday.
“To see such a drop in visits over the space of only one year is extraordinary and with only one visit recorded from Libya so far in May, this does not seem to be a situation that is going to rectify itself soon,” said Mark Guest, managing director for the website.
“With so many workers having been moved out of the country, the industry is sitting almost stagnant and the longer this continues, the more difficult it will be to rebuild,” he added. “The slowdown is only highlighted further by the fact that neighbouring countries, especially those in the GCC, are showing strong growth signs and are currently experiencing periods of rapid development.”
In contrast, GCC countries continue to see the most activity since 2009, with the UAE recording over 40,000 visits, Saudi Arabia and Qatar both seeing over 18,000 and Bahrain with 2,500.
Other Middle East countries currently experiencing political unrest have also been affected, but not to such a significant degree, officicals said. Syria, for example, generated more than 800 visits during April, dropping from just over 1,200 the year before.
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