The future of the Government of National Unity is under scrutiny
Libya starts the year on an uncertain note
A cancelled poll and strikes cast a shadow over the North African producer’s 2022 ambitions
Libya’s hopes of a happy new year have been hit by several late-December roadblocks, which threaten to further erode already shaky confidence among both existing and potential new international investors. Strikers from the Petroleum Facilities Guard, a government force, towards the end of last month shut down four west Libyan oilfields—Sharara, the country’s biggest field, El Feel, Hamada and Al-Wafa. State-owned NOC subsequently declared force majeure for two western oil terminals, Melittah and Zawiyah. The nearby Wafa gas field, Libya’s largest and a major supplier of volumes to the Greenstream pipeline to Italy, remains unaffected by the industrial action. The strikers say the shutdown
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11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
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The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
