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
Norway's political storm warnings prove unfounded
18 September 2017
The country's election result should quell nerves in the oil and gas sector
Harvey tanks exports and production
8 September 2017
The hurricane seized up much of the Gulf Coast's infrastructure that keeps oil and fuel flowing to markets
Fuel for the fire in Iraq
7 September 2017
The Iraqi Kurds' quest for independence, to be tested in a forthcoming referendum, will force politicians to face up to the issue of disputed oilfields