Division in Libya slows production
Libya’s Zueitina terminal has been shut again amid an effort by the east to wrest control of the country’s crude-export revenue
National Oil Company (NOC) declared force majeure at the port on 5 November after the Petroleum Facilities Guard (PFG), ostensibly under the control of the Baida-based government, prevented a tanker from loading. Oil production slumped by about 70,000 barrels a day (b/d) to 375,000 b/d, as fields linked to Zueitina were shut in. The PFG, which is charged with protecting Libya’s energy installations, told crude buyers they must now register with the Baida branch of NOC, a rival to the established Tripoli-based NOC, and pay money into a new account in Cairo. If successful, the move would deny crucial income to the Central Bank and official NOC, decimate Tripoli’s budget and risk a profound fra
Also in this section
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
27 February 2026
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
