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 4, 2024.
On August 18th, the Presidential Council reshuffled Libya's Central Bank leadership, ousting Sadiq al-Kabir amid rising tensions. This article provides a quick recap on the ongoing crisis.
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, Sep 27, 2024.
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.
In this latest analysis piece, we delve deeper into recent Russian military activities in Libya, examining the context behind these developments. We will shed light on key events from the past few weeks and explore their potential impact on the ongoing Libyan power struggle.
Primarily focused on the energy and migration files, Giorgia Meloni’s Italian government has pursued a pragmatic approach toward Libya, whereby any interlocutor is appreciated as long as they can satisfy Italian interests.
Both Egypt and Turkey are determined to open a new chapter in their relations and act in cooperation on several files instead of seeing one another as rivals. This diplomatic trend opens new avenues for Libya and its accentuation throughout 2024 is likely to impact domestic politics.
With every passing week, western Libya increasingly demonstrates how unsustainable the status quo is, as the facade of stability hangs on a thread.
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