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.
News and expert analysis on Libyan politics, economic development and the country's security landscape.
This year’s conference coincides with reports of a highly anticipated new licensing round for onshore and offshore concessions –which would be the country’s first since 2005– and the NOC's ambitious plan to reach 2 million barrels of oil per day (bpd) by 2030.
Launched in March 2020 by the EU's Foreign Affairs Council and in response to recommendations from the Berlin Conference on Libya, Operation Irini aims to enforce arms embargo decisions following the armed conflict in Libya.
The reinstatement of Libya's Minister of Oil and Gas raises questions about transparency and governance within the country's hydrocarbons sector, especially as Libya prepares for its first major licensing round in over 25 years.
There have been a number of unconfirmed reports emerging regarding non-Western International Oil Corporations being in direct contact with Benghazi-based authorities to develop the region’s vast energy resources.
Despite the High National Elections Commission's (HNEC) preparations, a combination of financial hurdles, political infighting, and security concerns is casting a shadow over the electoral process.
To revive Libya’s political process, the Deputy Special Representative to the Secretary-General (DSRSG) of the United Nations Support Mission in Libya (UNSMIL) will have to be careful about several factors that could harm her mandate and help the country’s status quo thrive.
A newly announced roadmap aims to complete investigations by the end of 2025, focusing on three key areas: crimes committed in Libyan detention facilities, violations conducted during the 2014-2020 period, and violations against migrants.
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.
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?
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