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 13, 2024.
August has seen escalating crises in Libya, with a fuel blockade crippling oil production and political tensions rising amidst contested elections. The National Oil Corporation faces pressure as competing factions threaten stability, while UN efforts to mediate remain untested and uncertain.
The Central Bank of Libya faces turmoil as PM Dabaiba ousts Governor al-Kabir, deepening political rifts. The Presidential Council's unilateral actions jeopardize its neutrality, while international mediation falters.
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 13, 2024.
August has seen escalating crises in Libya, with a fuel blockade crippling oil production and political tensions rising amidst contested elections. The National Oil Corporation faces pressure as competing factions threaten stability, while UN efforts to mediate remain untested and uncertain.
The Central Bank of Libya faces turmoil as PM Dabaiba ousts Governor al-Kabir, deepening political rifts. The Presidential Council's unilateral actions jeopardize its neutrality, while international mediation falters.
Libya faces a precarious future after a Central Bank takeover and an oil blockade, igniting fears of potential conflict and further economic collapse. With key stakeholders divided, this article examines what happened and what's next for Libya.
Belgasim Haftar's rise as Director General of Libya's Development and Reconstruction Fund positions him as a key player in Libya's reconstruction efforts and marks a shift in political dynamics, with important implications for infrastructure projects across the country.
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