Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Derek Brower
London
19 September 2016
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

The oil world's most difficult job

NOC’s chairman fears a disaster if his company is dragged into the war for Libya’s oil

Many oilmen are under pressure around the world, but none more than Mustafa Sanallah, chairman of Libya's National Oil Company (NOC) and, given the two-year-old conflict that has left rival governments and their allied militias fighting for control, the country's de facto oil minister. Sanallah's job ought to be straightforward, keeping Libya's high-quality oil flowing out and money flowing in. Instead, since 2014, Libya's post-Qadhafi chaos has only deepened and the NOC chief 's task has become steadily harder. In 2011, Libya produced about 1.6m barrels a day. Now it is struggling to keep output above 200,000 b/d. Most fields are idle; some, in the once-prolific Sirte basin, were severely d

Also in this section
Canada’s energy superpower ambition
5 June 2025
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
Is a Russia-Iran gas deal on the horizon?
5 June 2025
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
Europe’s hard choices on gas security
5 June 2025
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
China’s critical gas position
3 June 2025
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search