Libya

Libya oil infrastructure map

Libya: Fractured Institutions Fail To Distribute Oil Revenue Gains

MEES, 24 August 2018 Libya’s oil production recovered to more than 1mn b/d in mid-August following a collapse to just 400,000 b/d early in July. The reopening of key export terminals in the east of the country has enabled a resumption of production from oil fields in the Sirte basin ( MEES, 13 July ). [...]

Libya government budget and finances H1 2018

Libya’s Financial Black Hole

MEES, 17 August 2018 Libya near-balanced its budget in 1H 2018. But this was ‘thanks’ to chronic state weakness that left spending 21% under budget. Revenues were up with higher oil prices, but non-oil revenue remains abysmal. The UN plans an audit of Libya’s finances in a bid to help tackle corruption. But, if the [...]

UN Special Envoy to Libya Ghassan Salamé

Libya Election Timetable To Slip Further Amid Factional Divisions

MEES, 27 July 2018 Libya’s parliament, the House of Representatives (HOR) is poised to vote on the terms of a planned referendum on constitutional changes, with a timetable in place for elections by the end of the year. But after another round of damaging politicking in recent weeks, there is little chance that the plans [...]


ISIS in the Middle East & North Africa, 2015

North Africa Security Special Report: Too Late To Roll Back Islamic State?

MEES, 18 September 2015 The growing presence of terrorist movements across North Africa, particularly in Libya, threatens to destabilize the whole region. Even in the best case scenario, involving a peace deal in Libya, there is no prospect of an end to the threat posed by Islamic State. Overseas investment in the region will continue to [...]

Lindsey Hilsum at the Frontline Club, 26 April 2012

Writing Libya’s revolution

Speaking to a packed Frontline Club on 26th April, Channel 4 News’ international editor Lindsey Hilsum shared a fascinating personal insight into the revolution in Libya last year that overthrew the regime of Colonel Muammar Gaddafi after 42 years in power. In Hilsum’s words, Libya was the “only true revolution of last year – where the [...]

Gas still a challenge for resurgent Middle East market

The combination of the global economic crisis and political turmoil in the Middle East and North Africa made 2011 a tough year for investment in the region. But the significant increase in oil prices and the return of a degree of stability to several of the affected markets means the outlook for the coming year [...]


New Libya still a distant dream

The Gaddafi regime may have fallen, but it will take time to restore order and stability With pockets of fierce fighting continuing in Tripoli and elsewhere, and former leader Muammar Gaddafi still at large, Libya’s new dawn must be viewed with caution. But one thing is clear, the 41-year era of Gaddafi and his idiosyncratic [...]

Unfreezing of Libya’s assets could take six months

Delays at UN could delay rebuilding work in Libya Releasing frozen overseas assets accumulated by the regime of Muammar Gaddafi could take six months, crippling the ability of Libya’s interim government to fund essential basic infrastructure work, a former UK ambassador to Libya tells MEED. An estimated $100bn of overseas assets have been frozen across [...]

Unrest hits Europe gas strategy

Civil war in Libya and uncertainty over available gas from Egypt and Algeria means major additions to supply from the three major North African markets is unlikely For several years, one of the key aims of Europe’s energy strategy has been to secure a diverse and reliable gas supply. The continent’s own gas production is [...]