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Libyan oil, oil crescent
Tripoli, Libye32.90°N 13.19°E
computed criticality10/100
reading
~1.2 Mb/d (late 2024), Africa's largest proved oil reserves (48 billion bbl, 41% of continent)
2024Fault line
Libya holds Africa's largest reserves, but its output is hostage to rivalries between governments and militias, with terminal blockades sending it to zero in fits. A key but unpredictable supplier for Europe.
Actors
National Oil Corporation
TotalEnergies
ENI
Sources