Conflict threatens Libyan oil sector’s long-term stability
Civil war endangers the state-owned oil company’s ability to maintain crude production and threatens the collapse of the entire sector
The polarising conflict that has left a trail of bombed out buildings, civilian casualties, and broken trust across Tripoli and western Libya since April shows no sign of letting up. Forces under the so-called Libyan National Army (LNA) led by Khalifa Haftar keep trying to push forward along frontlines south of the capital while forces opposed to the LNA’s assault, operating under the umbrella of the internationally-recognised Government of National Accord (GNA), keep pushing back. Both sides are heavily reliant on foreign support, particularly arms, ammunition and drones, to maintain their operations. But attempts to curtail foreign interference have failed to gain traction, suggesting th
Also in this section
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
17 April 2024
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
16 April 2024
Commentators need to shake off the myths of the past, with rising oil prices a boon for US economy
15 April 2024
Though hampered by methane concerns, US LNG has a crucial role to play for European and Asian energy security, US economic needs and the energy transition drive