Libya Allocates LYD 13 Billion to Oil Sector as NOC Targets 1.5 Million bpd by 2027
Economy
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Libya’s Maritime Economy: Untapped Potential on the Mediterranean Coast
Oil remains the backbone of Libya’s economy. However, this reality has overshadowed another long-term economic asset with enormous potential: the...
Libya’s First-Quarter Revenues Top LYD 24 Billion as Oil Income Strengthens Fiscal Outlook
Libya’s public revenues exceeded LYD 24.27 billion during the first quarter of 2026, according to newly released figures from the...
Libya’s Central Bank Cybersecurity Under Attack: Technical Shutdown Threatens the Dinar and Shakes Confidence in the Financial System
What happened at the Central Bank of Libya was more than another technical glitch. A coordinated cyberattack knocked the bank’s...
Energy
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Drone Hits Zawiya Refinery Tank, Causing Naphtha Leak
A drone crashed into a fuel tank at Libya’s Zawiya refinery early Saturday, causing a naphtha leak and damaging the...
Libya Moves to Capture More Value From Flared Gas and Oil Operations
Libya’s Arabian Gulf Oil Company (AGOCO) is exploring new ways to reduce energy waste and improve the efficiency of its...
Libya Allocates LYD 13 Billion to Oil Sector as NOC Targets 1.5 Million bpd by 2027
Libya is moving to accelerate oil production after the National Oil Corporation (NOC) secured an operating budget of more than...
Politics
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Ankara–Cairo Engagement and the Next Phase of Libya’s Transition
The ongoing crisis in Libya forms a focal point for regional geopolitics in North Africa and the Eastern Mediterranean. As...
The African Union’s Future in Conflict Management
Since its establishment in 2002, succeeding the Organization of African Unity, the African Union has sought to move beyond the...
An Analysis of the US Administration’s Approach to North Africa
With every presidential transition in Washington, foreign policy priorities are revisited under the banner of ‘reassessment’. Geography, however, does not...
World
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Libya–World Bank Economic Reform Talks Aim to Attract Investment
In Washington last week, a Libyan government delegation met with World Bank officials to shape next year’s annual work plan...
Sarkozy Libya Funding Scandal: French Court Jails Former President Over 2007 Campaign Conspiracy
Last month, a French court handed Sarkozy a five-year prison term, finding him guilty of criminal conspiracy in a scheme...
Oil, Influence, and Fragile Alliances: Libya’s Strange Trade Relations Amid Conflict
In the chaos of post-revolution Libya, trade should be the least controversial topic. And yet, the country’s most vital economic...