Libyan oil minister Mohamed Oun
No end in sight to Libyan stasis
Questions over the oil minister's competence are another new low for the crisis-racked North African producer
The chaos enveloping Libya’s oil sector has gone from bad to worse in June. Conflicting updates on the state of the country's production can now be added to blockaded ports and political wrangling. Confidence in oil minister Mohamed Oun has not been enhanced by his claim last Monday that protests had caused output to fall to 100,000bl/d, despite his officials insisting the true number was 700,000bl/d. Yesterday, Oun conceded said officials were correct, without explaining the discrepancy. The confusion has done nothing to reassure oil markets that Libya’s upstream sector has any sort of hand on the tiller, never mind a steady one. Protests began again in mid-April, shutting down two fields i
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
