AGP Executive Report
Last update: 8 minutes agoLibya’s Energy Push: Libya’s oil output hit 1.44 million barrels per day, near the NOC’s 1.5 mbpd target, as the country expands licensing and foreign investment and keeps boosting production. Gas Flare Spotlight: A World Bank report ranks Libya among the top gas-flaring countries, with flaring up 15% in 2025 even as intensity slightly improved. NOC Transparency: The NOC published June production and revenue figures, detailing crude volumes, gas output, and transfers to the sovereign account. Offshore Gas Upgrade: Eni and NOC’s Mellitah venture started production from the Sabratha Compression Project, adding compression capacity to sustain gas output and support power and exports. Politics & Unity Talks: US adviser Massad Boulos’ push for a unified Libyan government and institution-building is drawing fresh debate, with claims of direct involvement by PM Abdul Hamid Dbeibah. Economic Warnings: UNSMIL’s Structured Dialogue Economic Track warned that rising public debt and weak transparency are squeezing reserves and the dinar unless reforms move fast. Aviation Milestone: Libya won its first seat on the Arab Civil Aviation Organization Executive Council and joined key technical committees. Regional Diplomacy: UAE President Sheikh Mohamed bin Zayed met Dbeibah in Abu Dhabi to discuss bilateral ties and regional stability. Sports: South Sudan beat Libya 95–57 in FIBA World Cup qualifiers, dealing Libya another tough result.
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