Libyan rebel oil-export prospects limited
A shipment of oil has made it out of war-torn Libya, but it may be last for some time to come
The departure of a tanker laden with oil from rebel-held territory in Libya, to an unspecified destination, should bring badly needed funds to the cash-strapped insurgents. But damage to rebel-held oil infrastructure resulting from government military action and the high risks involved in shipping the crude mean the event may prove to be little more than a one-off. While oil exports from government-held territory are banned under the terms of the tightly enforced international embargo on Libya, the rebel-held eastern sector of the country is being allowed to trade, if it can. The shipment of up to 1m barrels left Hariga port, near Tobruk, last Wednesday on the Equator, a vessel operated by G
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






