An overview of key stories in Libya's energy sector, including oil production updates, infrastructure challenges and market trends for the week ending on Friday, Nov 8, 2024.
An overview of key stories in Libya's energy sector, including oil production updates, infrastructure challenges and market trends for the week ending on Friday, Oct 25, 2024.
An overview of key stories in Libya's energy sector, including oil production updates, infrastructure challenges and market trends for the week ending on Friday, Oct 18, 2024.
Libya is increasing its engagement with foreign partners and becoming more proactive in its efforts to raise oil output in line with the National Oil Corporation's strategic vision.
The NOC Chairman's challenge is to minimise disruptions and keep Libyan oil flowing, while balancing the demands of various Libyan constituencies and mitigating interference from foreign actors pursuing their own strategic objectives.
Although Italy has adopted a smart approach that is currently working for its interests, Rome is still dealing with a highly unsustainable Libyan status quo.
The current state of relative tranquility in Libya’s political scene should not fool anyone, as there is a lot happening underneath the surface both politically and militarily.
Tehran has now placed Africa among its top foreign policy priorities, seeking more trade flows, geopolitical alignment, and military cooperation.
The Central Bank of Libya (CBL) released revenue and expenditure data for the Libyan state covering the period from January to April 2024, saying it was committed to “heightened levels of disclosure and transparency, aiming to raise awareness of the economic and financial reality of the state.”
A second week of efforts to reach a peaceful solution to the ongoing tensions in Tripoli has failed. Neither of Libya’s rival groups have attempted serious reconciliation efforts until now, and within the past month, have depleted most mediators capable of helping.
On Tuesday, the House of Representatives approved a 90 billion Libyan Dinar budget for the eastern-based Government of National Stability. Given the politics at play, will the Central Bank of Libya actually disburse these funds to the eastern-based government?
Libya's oil and gas production has seen a gradual increase in recent months, reaching 1.24 million barrels per day (bpd) as of April 2024. However, the infrastructure remains vulnerable to various threats.
This article looks at the major developments such as relevant conferences, new policy initiatives, or field rehabilitations that took place over the last two weeks in Libya.
On April 20, a Libyan government delegation made a visit to the White House to discuss various topics, including the energy and production file.
Despite widespread opposition to a potential deal, this new development brings back the Eni-led consortium to the fold and could draw major political battles in the coming weeks.
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