Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Derek Brower
24 March 2016
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Libya’s enduring calamity

A new unity government seems destined to deliver neither unity nor government

Libya now has a third government – and it is about to enter the fray. The UN hopes it will restore stability to the country, but it may worsen the chaos. Either way, oil production – now at a five-year low of less than 300,000 barrels a day – is unlikely to recover soon. Islamic State (IS), thriving on the political disorder, has closed in on Libya’s last remaining onshore oil producers.  Tired of waiting for the Tobruk-based House of Representatives (HoR) to endorse a unity government, the UN, US and EU in mid-March officially recognised a new government of national accord (GNA). Libyan opponents immediately dismissed it as a “foreign imposition”. The UN’s GNA gambit is risky. A 17 December

Also in this section
Europe’s rising energy security challenge
13 January 2026
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
Outlook 2026: A new chapter for Namibia – Building an energy future with purpose
Outlook 2026
13 January 2026
The country’s hydrocarbon resources offer a strategic and social opportunity that could see it becoming a leading light in Africa
Outlook 2026: Renewal and growth in Nigeria’s upstream sector
Outlook 2026
13 January 2026
Government reforms are restoring investor confidence in the country’s oil and gas industry
Kurdistan starts to deliver on oil promise
12 January 2026
Gulf Keystone looks to a ‘transformational’ 2026, with the oil producer upbeat for the region should all the vested interests keep their eyes on the prize

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search