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Journal of Electrical Power & Energy Systems

DOI:http://dx.doi.org/10.26855/jepes.2022.01.001

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US Oil Companies Returning to Libya?

Eugene Khartukov

Moscow State Institute, University for International Relations (MGIMO MFA), Moscow, Russia.

*Corresponding author: Eugene Khartukov

Date: January 18,2022 Hits: 536

Abstract

The current status and recent history of the Libyan oil industry, roles in it of US oil companies and of anti-Gadaffi rebel military attacks on oil-producing facilities, refineries and sea ports are considered and analyzed. Other foreign oil businesses in Libya and national oil companies, oil production and refinery capacity, and output are also analyzed. Military control over major national oil-related facilities is scrutinized. A role of Russia is shown. Main oil fields and sedimentary basins are presented. The military confrontation in Libya is well documented. The article mainly concludes that as a result of the considerable negative impacts of the rebels’ attacks as well as of the UNO and US sanctions, Libya’s oil industry needs now huge investments to restore to normal levels.

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US Oil Companies Returning to Libya?

How to cite this paper: Eugene Khartukov. (2022) US Oil Companies Returning to Libya? Journal of Electrical Power & Energy Systems6(1), 1-16.

DOI: http://dx.doi.org/10.26855/jepes.2022.01.001