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Libya's potential goes unrealised
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
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While Syria has gas import plans and Jordan is targeting greater production, Egypt is struggling with declining output and Lebanon with the after-effects of conflict
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North African producer hopeful of bringing in IOCs despite the disagreements over terms as latest bidding round is launched
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Libya’s armed oil industry takeover
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The impact from Libya’s lost barrels versus the threats to Iranian supply highlight the type of buffer in the oil market and the demand implications
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Outlook 2024: Libya ready for investment
New strategic plan includes significant investment in oil and gas
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Oil minister Oun sends out cautiously optimistic message on oil and gas outlook and says pilot project ready to unlock huge shale reserves key to further growth
Libya Eni
Chris Stephen
10 January 2019
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Militant conflict to constrain Libya's oil resurgence

The oil recovery will continue, if the civil war and political spats allow it

Two men hold the key to whether Libya's oil recovery continues through 2019, or crashes amid worsening civil war. The first of them is Mustafa Sanallah, chief of the National Oil Corporation (NOC). Left to his own devices, Sanallah will oversee further gains in production that has jumped five-fold in two years. His deft political footwork will continue to navigate a path between the country's two warring governments, in Tripoli and Tobruk. Oil production, currently 1.3mn bl/d will inch upwards to the 1.6mn b/d mark it enjoyed prior to the 2011 revolution. Next year will also see the return of exploration, abandoned in the revolution, with Italy's Eni partnering BP in sinking rigs into giant

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