Libya: Could ‘Peace Deal’ Double Oil Output To 800,000 B/D?

A recent southern Libya peace deal has given hope for the re-opening of two major oilfields, including the country’s largest. But a history of short-lived local ceasefires offers little grounds for confidence of a sustainable resumption in production.

On 23 November, officials in Doha announced that Qatar had brokered a deal between Tebu and Tuareg fighters in the southwest of Libya to end a long-running conflict in the town of Ubari, about 100km northwest of Murzuq. The deal, which was signed in Qatar, calls for an immediate ceasefire and the withdrawal of forces from the town, allowing for the return of thousands of displaced people to their homes in the region.


DON'T HAVE AN ACCOUNT?


NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?

By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.

UPGRADE