- Oil & Gas
Libya Energy Insights (Nov 2025)
This report provides analysis and insights into Libya's energy sector for the month of November, 2025. A downloadable PDF version of the report is available at the end of the page.
Market Outlook
Libya’s near-term market outlook is defined by operational resilience overshadowed by mounting financial and governance risks.
Oil production should remain broadly stable in the coming months, but the sector’s reliance on off-budget financing, the resurgence of the payment-on-behalf system, persistent smuggling, and intensifying political fragmentation threaten investment visibility and fiscal planning.
Volatility in global energy prices, rising domestic consumption, and the erosion of the CBL’s centralised oversight make Libya increasingly exposed to external and internal shocks. Without institutional stabilisation and coherent budget management, operational gains will struggle to translate into durable market confidence.