This is Part 2 of a MEES Libya Special Report published on 19 January 2024. Part 1 can be accessed here (MEES, 19 January).

Officials from Libya’s NOC used the 13-14 January Libya Energy & Economic Summit in Tripoli to frequently reference plans to hike Libya’s crude output capacity from the current 1.2mn b/d to 2mn b/d within the next five years, as well as an even more ambitious intermediate target of 1.6mn b/d by the end of 2024 (see chart). (CONTINUED - 2841 WORDS)