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.
Western Libya's security crisis continues to deepen with escalating clashes, targeted killings, and government indifference. Zawiya faces chaos as officials admit lack of control, while violence in Tripoli and border tensions with Tunisia threaten overall stability.
For the past three months, western Libya’s security landscape has been in a downward spiral with clashes, targeted killings, assassinations, and kidnappings growing more frequent. The past weeks have been no different, as clashes took place in five cities, resulting in casualties and destruction to public and private infrastructure.
The Tripoli government and international community have increasingly become indifferent to such insecurity, with one commentator raising the question of whether internationals have grown more used to militias than Libyans themselves. Foreign delegations recently landed in Tripoli to participate in an international migration conference just hours after violent clashes in the capital resulted in two deaths.
As foreshadowed in recent reports, Zawiya has been plunged into chaos, with violent clashes breaking out across the city and primary roads leading into the western coastal town being closed off by combatting armed groups for days.
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.
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