Libya’s fragile oil deal
Exports from Hariga are under threat again
LESS than a month after the end of a blockade of its main export port at Tobruk, fresh disruption of Libya’s brittle oil production may be on the way after the eastern parliament’s president complained to the UN about a controversial sales deal Tripoli has in place with Swiss-based trader Glencore. Agila Saleh, head of the House of Representatives (HoR) in Tobruk, wrote on 10 June to the UN objecting to a contract whereby Glencore handles exports for Tobruk’s Marsa el-Hariga terminal, responsible for the bulk of the country’s exports of 330,000 barrels a day. The letter has sent a fresh shudder through the diplomatic community, which had hoped a dispute between the HoR and its Tripoli-based
Also in this section
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
