The future of the Government of National Unity is under scrutiny
Libya starts the year on an uncertain note
A cancelled poll and strikes cast a shadow over the North African producer’s 2022 ambitions
Libya’s hopes of a happy new year have been hit by several late-December roadblocks, which threaten to further erode already shaky confidence among both existing and potential new international investors. Strikers from the Petroleum Facilities Guard, a government force, towards the end of last month shut down four west Libyan oilfields—Sharara, the country’s biggest field, El Feel, Hamada and Al-Wafa. State-owned NOC subsequently declared force majeure for two western oil terminals, Melittah and Zawiyah. The nearby Wafa gas field, Libya’s largest and a major supplier of volumes to the Greenstream pipeline to Italy, remains unaffected by the industrial action. The strikers say the shutdown
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
