Libya's Central Bank leadership crisis deepens as opposing political factions reject dialogue, fueling an economic impasse. With oil output halved and conflicting narratives from former and current leaders, the nation faces a ticking time bomb for its economy.
India is looking at Iran for the long-term and wants to hedge its bets - even if the benefits are uncertain.
With every passing week, western Libya increasingly demonstrates how unsustainable the status quo is, as the facade of stability hangs on a thread.
The Libyan authorities are preparing for a new round of oil and gas licences in 2024 after a hiatus of over 17 years. However, comprehensive maps for untapped gas regions have not been drawn up yet.
Libya’s National Oil Corporation (NOC) doubles down on its plans to bring additional players to develop the country’s energy sector.
