- Oil & Gas
Libya Energy Insights (Oct 2025)
Published:
Last updated:
Market Outlook
October was cautiously positive for Libya’s energy sector observers. Operationally, the NOC showed resilience, keeping production steady and reactivating long-idle assets despite persistent governance gaps.
Foreign operators visibly renewed engagement, suggesting gradual upstream confidence ahead of next year’s bidding round contract awards. However, fiscal and structural weaknesses—particularly the unsustainable subsidy regime—continue to cast doubt on long-term viability.
