Posts tagged Oil & Gas
How a Lingering Conflict Could Impact Libya's Oil Production

Two months after General Khalifa Haftar’s offensive on Tripoli, the much-anticipated oil slump has not yet hit Libya. On the contrary, the National Oil Company’s (NOC) oil production has continued to increase during the conflict, adding 90,000 bpd in April and reaching around 1.3 million bpd in May, an amount likely to be repeated in June. Overall, even if the past years have shown that oil production in war-torn Libya is too volatile to be taken at face value, the fact that output levels rise in spite of the conflict is surprising. Libya Desk analysed the impact of protracted conflict on Libya’s oil production.

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The battle for Tripoli and its impact on oil markets

Intense fighting has not yet impacted Libya’s oil output or exports. However, a protracted conflict could well make the North African country the kingpin for global oil prices. In the midst of all the chaos and uncertainty surrounding Haftar’s “Flood of Dignity” military offensive on Tripoli, Libya Desk examines the impact of the current escalation of conflict in Libya on the the Oil & Gas industry.

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