From his job as a Cairo doorman, Mahmoud Farag earns 1,500 Egyptian pounds ($95) each month but it’s no longer enough to adequately feed his family of five. Food prices Continue Reading
The leader of a new Libyan government has vowed to relocate from the country’s east to Tripoli within “days” to replace a rival administration, despite concerns that such a move Continue Reading
With all attention on the war in Ukraine, Libyan oil is once again coming under threat as the prospect of a renewed civil war intensifies amid the amassing of militia Continue Reading
Libya’s largest oilfields could see a resumption of production after what the Libyan National Oil Company (NOC) called the “illicit” closure of crude pumping valves late last week, with engineers Continue Reading
Crude oil production from Libya’s largest oilfield, El Sharara, has been suspended after the Hamada valve was closed by an unknown person or persons. More than a quarter of Libya’s Continue Reading
Armed group closes pipeline valve connecting Sharara field Brega, Es Sider, Ras Lanuf, Zawiya, Zueitina ports closed Lack of storage could force NOC to cut oil output Libya’s crude production Continue Reading
Italy’s foreign minister said a visit to Algeria on Monday to seek an increase in gas supplies from the country had yielded good results, as Europe steps up its efforts Continue Reading
Highlights Move due to rise in global trade, healthier ship economics SCA working on canal expansion after the Ever Given incident in 2021 Suez Canal is a strategic route for Continue Reading
Highlights North African country increases gas output in 2021 Platts Analytics says Algeria could provide 7 Bcm more gas Rising domestic demand, political crisis may crimp exports In 1981, while Continue Reading
Libya’s oil production hovers around 1 million bpd after recent blockade got lifted Libya’s production goal for end-2022 is 1,45 million bpd, and 1,6 million bpd for end-2023 Political instability, Continue Reading
