Iran is navigating a prolonged period of structural strain in which economic fragility, energy imbalances, and deep social change increasingly intersect.
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
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
At Russian Energy Week 2025, producers from Moscow to Riyadh cautioned that sanctions, military strikes and ideological policymaking are undermining global energy security.
Libya’s energy sector remains both the backbone of its economy and a mirror of its political fragility. The announcement of its first international oil and gas licensing round in 18 years earlier this year has been a welcome development and triggered renewed interest from IOCs and investors.
In rare talks between the Haftars, the Dabaibas, and U.S. envoy Massad Boulous in Rome, discussions touched on Tripoli’s fragile stability and Libya’s oil sector, hinting at a potential shift that could redefine power dynamics in Libya.