Disruption in Libya’s Oil Operations: Protests Impacting Production
Recent protests at the Sidra and Lanuf oil ports in Libya have led to significant disruptions in the loading of oil tankers. Five engineers confirmed that these demonstrations have directly hindered operations as protesters seek to draw attention to their demands, which include the transfer of several oil companies to the Al-Hilal oil area.
The protesters assert that their actions are aimed at achieving equitable development for their region, emphasizing the need for improved living conditions. Historically, such protests have caused considerable interruptions to oil production in Libya; for instance, in January of the previous year, demonstrations led to a shutdown of operations in the Spark oil field.
According to the latest data from the National Oil Corporation, Libya experienced an increase in crude oil production in 2024, with output reported at 1,417,382 barrels per day. This production surge was achieved despite the financial challenges and lack of necessary budgets that have characterized the industry. The National Oil Corporation acknowledged in a statement that, under exceptional circumstances—including multiple announcements by Cairo forces indicating potential production halts—output continued to rise.
In summary, while Libya’s oil production holds potential for recovery, ongoing social unrest poses a significant risk to operational stability and long-term growth in the sector.