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
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
