Eastern forces expand Libyan energy sector grip
Warlord Khalifa Haftar has captured the country's largest oil field, putting a new question mark over the fragile oil recovery
The capture of the southern Sharara field, a 315,000bl/d joint venture between the National Oil Corporation (NOC) and Spain's Repsol, gives Haftar control of the bulk of Libya's oil fields, with his Libyan National Army (LNA) already master of the eastern Sirte Basin, home to two-thirds of total production. The LNA, based in east Libya, has many times tried to seize the south, seeing it as a springboard to its long-promised offensive on Tripoli to topple its UN-backed government. Success appears to have come after the largest local tribe, al-Sulaimen, defected to its side. No damage was done to the Sharara facilities in what was a bloodless capture following operations to take nearby airfiel
Also in this section
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
15 April 2025
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
15 April 2025
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
