The National Oil Corporation (NOC) says a new pipeline from the North Hamada oil field will help it meet short-term development targets, as it continues working towards the ambitious goal of bringing Libyan crude production to 1.5 million bpd by 2025 and 2 million bpd by 2027.
In spite of turbulent political times for Libya and its energy sector, there are positive developments regarding the signing of new contracts and the continuation of small-scale works to gradually increase the country’s oil output.
The National Oil Corporation (NOC) says a new pipeline from the North Hamada oil field will help it meet short-term development targets, as it continues working towards the ambitious goal of bringing Libyan crude production to 1.5 million bpd by 2025 and 2 million bpd by 2027.
In spite of turbulent political times for Libya and its energy sector, there are positive developments regarding the signing of new contracts and the continuation of small-scale works to gradually increase the country’s oil output.
This article examines three possible scenarios that Libya could be facing in the coming weeks, depending on whether it manages to achieve a breakthrough in its political process or whether it goes towards less promising paths.
Earlier this month, Mohamed Aoun was said to be reinstated as Minister of Oil & Gas. However, he has been unable to assume his duties as the acting O&G Minister Khalifa Abdulsadek continues to occupy his seat.
Despite facing strong opposition from various Libyan entities, the National Oil Corporation (NOC) is pushing ahead with its decision to develop the NC7 gas field through an international consortium led by Italy’s energy giant ENI.
After conducting site visits and interviews with officials, diplomats, airport personnel, and security actors in both western and eastern Libya, our team has uncovered exclusive details about a new migration route that could be backed by a foreign actor to create disruptions ahead of U.S. elections.
