Libya Economic Review

Tracking Libya’s Economy and Beyond

[Libya Economic Review @LER_Libya]

Stay ahead of Libya’s energy future. Discover the latest on oil, gas, energy markets, investments, and economic developments shaping the country. Get insightful reports, breaking news, and expert analysis on Libya’s most important sectors. Follow us for more updates.

[Libya Economic Review @LER_Libya]

A major upgrade for Libya's gas sector.

Saipem has installed a new gas extraction module at the El Bouri offshore field, increasing production capacity while helping reduce gas flaring. The project highlights continued investment in Libya's energy infrastructure and growing efforts to maximize value from existing resources.

https://t.co/2me9pzZcRy

[Libya Economic Review @LER_Libya]

Good to see Libya gaining international attention for its energy potential.

This article from Business Insider Africa highlights why South Korea is betting on Libya's oil recovery and long-term prospects. As production climbs and new investment opportunities emerge, Libya is increasingly attracting interest from major global players.

Libya's energy story deserves a place in the global conversation.
https://t.co/4omkcznzEJ @BusInsiderSSA

[Libya Economic Review @LER_Libya]

Tripoli will host the International Forum for Documentary Credits and Foreign Trade on 6–7 July, bringing together banks, businesses, and trade experts to discuss financing, imports, exports, and the future of foreign trade in Libya.

Another sign of growing momentum around trade and investment discussions in the country.

#Libya #Trade #Banking

[Libya Economic Review @LER_Libya]

Libya's push to increase gas production took another step forward this week.

Saipem has installed a new gas extraction module at the El Bouri offshore field, boosting capacity and helping reduce gas flaring. The project highlights ongoing investment in Libya's energy infrastructure and the growing role of natural gas in the country's energy future.

https://t.co/2me9pzZcRy

[Libya Economic Review @LER_Libya]

Libya and Tunisia are moving ahead with new free trade measures, including faster border procedures and electronic certificates of origin to streamline trade between the two countries.

[Libya Economic Review @LER_Libya]

Libya Investment Authority and Oman’s OQ Group have signed an MoU to explore new investment opportunities across key sectors, including energy and infrastructure.

Read more on Libya Economic Review.

https://t.co/pGiprWU9uU

[Libya Economic Review @LER_Libya]

Chevron is exploring potential cooperation with Libya’s AGOCO on oil field development, according to reports.

The discussions come as Libya pushes to expand production capacity and attract international partners to its energy sector.

[Libya Economic Review @LER_Libya]

AGOCO and Chevron have discussed opportunities for cooperation in oil field development, marking a new step in engagement between Libya’s energy sector and one of the world’s largest oil companies.

#Libya #OilAndGas #Chevron #Energy

[Libya Economic Review @LER_Libya]

Over 500 fuel stations have been shut down over smuggling violations, according to the Interior Minister.

A major crackdown on fuel networks as Libya tightens enforcement against fuel diversion.

https://t.co/iAck8MaVWQ

[Libya Economic Review @LER_Libya]

That conclusion overlooks how central hydrocarbons already are to Libya’s fiscal base. The National Oil Corporation’s May revenues approached $4 billion, the highest monthly intake in over a decades, showing clear upside from higher production. Oil alone won’t diversify the economy, but dismissing its stabilizing effect ignores current fiscal reality. With improved governance and reinvestment, higher output can materially strengthen Libya’s economy, not just “fail to fix it.”

[Libya Economic Review @LER_Libya]

Inflation has changed the global economy.

What started as a post-COVID price shock is now a geopolitical and political force, driven by energy markets, war, and central bank policy shifts.

Rawad breaks it down for LER. @shalabi_rawad

https://t.co/SDEjgNC3aU

[Libya Economic Review @LER_Libya]

Good chart, worth noting Libya’s inclusion isn’t marginal here.

In May, Libya’s gas momentum aligned with its upstream push: new licensing round awards, continued pipeline recovery tests, and rising output stabilizing around the 1.4m bpd range. It’s a reminder that Libya is quietly re-entering the regional gas conversation alongside Qatar and Egypt, not just oil.

[Libya Economic Review @LER_Libya]

BREAKING: Libya has elected its first woman to lead a sports club, marking a historic moment for women in Libyan sports.

The appointment at a Derna-based club is being seen as a breakthrough for female leadership in a sector long dominated by men, despite limited institutional support for women’s sport in the country.

#Libya #Sports #WomenInLeadership

[Libya Economic Review @LER_Libya]

@MTailamun Very interesting. Would love to hear more about the event.

[Libya Economic Review @LER_Libya]

BREAKING: Libya’s Central Bank has reportedly launched a US$3.5 billion funding plan to cover letters of credit, foreign transfers, and personal-use foreign currency requests.

The move aims to ease pressure on foreign exchange demand, support imports, and improve access to hard currency amid ongoing economic challenges.

[Libya Economic Review @LER_Libya]

BREAKING: Libya’s National Oil Corporation reports May revenues approaching $4 billion, marking the highest monthly intake in over a decade and underscoring continued strength in Libya’s energy sector.

[Libya Economic Review @LER_Libya]

Libyan Express will launch direct flights between Tripoli���s Mitiga Airport and Malta starting 22 June, expanding air connectivity between Libya and Europe and improving travel options for passengers and business links.

[Libya Economic Review @LER_Libya]

We’re pleased to republish an analysis by @mrubin1971 examining recent UN allegations surrounding Libya’s oil sector and arguing that the debate may be overlooking deeper structural issues.

The article offers a different perspective on how Libya’s oil industry functions and where accountability for energy revenues should be focused.

https://t.co/bDPSeRCZ9a

[assad ounalla @Assadounalla]

مقالتي الجديدة في صحيفة ليبيا الاقتصادية
https://t.co/QubFwYHhL2

[Libya Economic Review @LER_Libya]

NEW CONTRIBUTION | Libya's electronic payment network has become a pillar of daily economic activity. But the Eid 2026 outage exposed a critical question:
Can a system serving millions of users continue expanding without matching investments in resilience, oversight, and accountability?

Our latest contributor analysis explores the structural vulnerabilities behind Libya's digital payments infrastructure and what comes next.
@Assadounalla

https://t.co/mo4gPypNPg