Libyan elections were meant to be held in late December
Libya’s oil industry faces renewed turbulence
After a year of relative calm, chaos has returned to Libya with the cancellation of planned elections and the emergence of two rival prime ministers
The struggle between Libya’s sitting prime minister, Abdulhamid Dbeibeh, and the man parliament wants to replace him with, Fathi Bashagha, is likely to be protracted. Neither man seems likely to devise a cabinet acceptable to all of Libya’s armed factions, raising the possibility of a return to the civil war that was suspended by a UN-brokered ceasefire in 2020. This spells a period of uncertainty for the oil sector, as Libya’s National Oil Corporation (NOC) is caught in the country’s political battles. Elections had been set for 24 December 2021, the 70th anniversary of Libya’s independence, and were to have been the culmination of a two-year-long UN peace process. That process saw two warr
Also in this section
14 April 2025
US consumers are not likely to see gasoline prices fall to Trump’s ‘beautiful number’, at least if the president also wants to encourage more drilling
11 April 2025
The Gulf state’s offer to supply electricity-starved Syria is an opportunity to support a key ally, but Doha’s ambitions to build broader pipeline networks to Turkey and Europe face challenges
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
10 April 2025
Technology, policy and narrative are the three biggest factors that could change the course of our 2050 outlook
