Home Africa Libya: Libya unable to increase production despite the opportunity of rising prices

Libya: Libya unable to increase production despite the opportunity of rising prices

Libya: Libya unable to increase production despite the opportunity of rising prices

Rédaction Africa Links 24 with Admini Al Saeeti
Published on 2026-03-11 11:03:28

Ahmed Al-Ghabir is a former consultant at the Ministry of Oil. He is also an energy sector expert. He believes Libya will achieve greater returns. This is due to rising oil prices. The closure of the Strait of Hormuz could temporarily boost these gains. However, this potential increase remains threatened. It faces rising commodity prices. He described this as both a paradox and a dilemma.

Al-Ghabir explained this in special statements to “Erem News Business”. He stated that rising oil…

Read the full article on Libya Update

Previous articleNamibia: PDM’s Hengari alarmed by country’s debt burden – News
Next articleLiberia: Mulbah Warns Guinean Flag on Liberian Soil Threatens National Sovereignty