Long North Africa’s biggest oil producer, Libya has been chronically unstable since the 2011 revolution that overthrew Gaddafi. An eight-month oil blockade in 2020 reduced crude output to its lowest level since 1962. While oil is flowing again, the future trajectory of the sector remains firmly tied to Libya’s ever-tenuous political atmosphere.
|Crude Output||341||000 b/d|
|Oil Rig Count||11||-|
|Gas Rig Count||1||-|
|Nominal Refining Capacity||380||000 b/d|
10 Sep, 2021
The durability of Libya’s oil rebound looks more tenuous by the day with protests hitting operations at three of the country’s key eastern oil terminals.
3 Sep, 2021
27 Aug, 2021
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28 May, 2021
7 May, 2021
16 Apr, 2021
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19 Feb, 2021
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