Libya's Oil Resurgence: New Partnerships Propel Production Growth
Published on: June 15, 2026, 5:44 p.m. | Source: Devdiscourse
Libya's National Oil Corporation has signed critical production-sharing agreements with international energy firms, marking the nation's first licensing round in nearly two decades. This initiative aims to boost oil production from 1.4 million to 2 million barrels per day, reflecting growing confidence in Libya's oil sector despite political hurdles.
