North Africa

Libya

Prior to the 2011 revolution Libya was a key member of Opec, producing in excess of 1.5mn b/d. Despite the best efforts of NOC chief Sanalla to overcome chronic instability, it remains a long way off returning to this.

State of Play

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.

2019 In Numbers

Crude Output	1.11	mn b/d
Gas Exports	5.7	bcm
Oil Rig Count	13	-
Gas Rig Count	1	-

Geopolitical Risk

12 Jun, 2020

Featured

Libya’s On/Off Output Restart: Can It Be Made To Stick?

MEES examines the factors behind the latest attempts to re-start Libya output, moves that could be crucial to 2H 2020 oil market balance.

Libya: Key Oil & Gas Infrastructure

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NEWS IN BRIEF

Russian ‘Mercenaries’ Enter Libya’s Sharara Field

26 Jun, 2020

Libya’s NOC Plans Sharara LPG

8 May, 2020

Libya Gas Pipeline Reopens

1 May, 2020

Libya: NOC Slams Illegal Jet Imports

20 Mar, 2020

Libya’s Oil Continues Its Fall

13 Mar, 2020

Libya Output Lowest Since 2011

6 Mar, 2020

Libya’s Waha Gas Output Hits Record In 2019

7 Feb, 2020

Embattled Libya NOC Eyes Beda And Haram Fields Boost

31 Jan, 2020

1: Libya’s Crude Output Has Crashed Following A Seven-Year-High Performance In 2019 (mn b/d)

2: Wishing 35,000 B/D: OMV Hasn’t Managed Its Libya Oil Production Capacity Since At Least 2009 (‘000 B/D, OMV Net Libya Output)

3: El Sharara Output Has Slumped Since A Forced Valve Closure On Its Pipeline Shut-In Output On 18 January ('000 B/D)

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