Long North Africa’s biggest oil producer, Libya has been chronically unstable since the 2011 revolution that overthrew Gaddafi. Things looked on the up as the country exited 2019 with a seven-year high 1.11mn b/d. But the outlook for 2020 looks bleak as oil continues to be used as a weapon in inter-factional fighting.
|Crude Output||0.99||mn b/d|
|Oil Rig Count||4||-|
|Gas Rig Count||1||-|
ALL DATA 2018 UNLESS OTHERWISE INDICATED.
13 Nov, 2020
Libya’s NOC has proven its ability to bounce back quickly. But there are key technical and financial challenges to sustaining 1mn b/d-plus output.
30 Oct, 2020
18 Sep, 2020
4 Sep, 2020
14 Aug, 2020
7 Aug, 2020
31 Jul, 2020
26 Jun, 2020
8 May, 2020
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