Related Articles
Forward article link
Share PDF with colleagues

Libya's unending oil war

As the latest battle in the Sirte basin shows, Libya's output recovery remains hostage to the country's politics

Following the recapture after 11 days of fighting of Libya's largest oil-export terminal, Es-Sider, and its third largest, Ras Lanuf, by forces allied to the Tobruk government, oil officials have begun sorting out how much of the country's oil-recovery plan remains intact. That plan, published in November on the website of the National Oil Corporation (NOC), the state firm, envisions war-battered production rising to 0.8m barrels a day by end-2017, generating revenues of $15.84bn. That plan, drawn up by NOC chairman Mustafa Sanallah, only came after Khalifa Hafter's Libyan National Army (LNA) captured the prolific central Sirte basin last September, ending a two-year militia blockade that

Also in this section
The West endorses Saudi crown prince
20 March 2018
MbS’s first visits to the UK and US as crown prince show acceptance there that he’ll be the next Saudi king. But not all Saudis are happy
Saudi options in Yemen exhausted
20 March 2018
The country's disintegration is matched by growing difficulties in envisioning a peace deal
Short shrift for Gazprom’s portfolio investors
19 March 2018
The world’s largest gas producer is once more likely to ignore calls to increase dividends