NARCO ANALYSIS: Libya Oil Restart Doubtful

Wednesday, September 23, 2020

By Geoff D. Porter

Libya oil watchers are all a tizzy. A possible deal brokered between the Government of National Accord’s (GNA) Deputy Prime Minister Ahmed Maiteig and the Libyan Arab Armed Forces (LAAF) leader General Khalifa Haftar could mean that Libyan oil production will resume. As everyone knows, production was shutdown due to a blockade on Libya’s export terminals imposed by Haftar (allegedly in response to local tribal grievances) back in January 2020.

The "deal" has some huge hurdles to overcome, but assuming the off chance that everything proceeds smoothly, it is worth recalling what the Libyan oil and gas sector looked like prior to Haftar’s debilitating blockade. 

(Spoiler: it was not great.)

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