Once a North African OPEC powerhouse for light, sweet crude oil, Libya is now riven by civil war and disrupted oil supply. The country is trying to pull itself back into contention as a supplier of crude into the Mediterranean and beyond. S&P Global Platts editors Joel Hanley and Gillian Carr discuss what progress is being made.
The re-emergence of Libyan oil and the obstacles ahead
Published February 2017
Since the fall of Moammar Qadhafi in 2011 and the civil war that has followed, Libya’s crude oil output has dropped by over a million barrels per day. As the country rebuilds its capacity, S&P Global Platts investigates the effort to bring Libya back as an oil force, and examines the pitfalls on its road to recovery.
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