Libya on the brink
Hopes for the UN's unity government are fading, IS is capitalising on the chaos, renewing its assault on energy infrastructure, and the drumbeat for Western intervention is getting louder
A UN-appointed Government of National Accord (GNA) waits in the wings, but genuine unity and security for Libya remain only a distant hope. Fresh attacks by Islamic State (IS) on two oil-export terminals, persistent efforts by the east to win control of the country's energy sector and ever-deepening factionalism mean events on the ground continue to trump diplomacy. Oil production of 400,000 b/d, a quarter of capacity, looks likelier to fall further than to recover. IS' assault on Ras Lanuf and Es-Sider on 5 January showed, again, the group's ability to strike with impunity in the oil crescent. Nine men from the Petroleum Facilities (PFG) were killed in the suicide-bomb attack. Five storage
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth