Related Articles
Forward article link
Share PDF with colleagues

Libya - only the brave

Libyan oil-output growth will eventually need the return of foreign firms

The capture of the country's four central oil ports by the army of general Khalifa Hafter in September has seen oil production almost double, and brought the subsequent re-opening of abandoned fields by the National Oil Corporation (NOC) in the Sirte basin. It has also created a mass of opportunities for repair and maintenance work. But a bonanza it isn't-not yet, anyway. Foreign companies wanting to deploy to Libya face hefty political and security hurdles. Until the political turmoil dies down, only the brave will venture forth into a country where energy installations lie within striking distance of Islamic State (IS) and remain a potential battleground between Libya's rival armed factio

Also in this section
NLNG strikes while the iron’s hot
20 July 2018
Plans are finally in motion to expand Nigeria’s LNG export capacity
Myanmar faces energy crossroads
20 July 2018
Huge potential in the country’s energy sector faces equally sizeable challenges
IOCs face choppy South China Sea conditions
20 July 2018
Beijing's determination to exert its influence in the South China Sea is causing problems for oil companies active in the region