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What will be the status of Libya's oil production by December 31, 2024?
2
Resolution / Starting Odds
Resumed to pre-halt levels • 25%
Resumed but below pre-halt levels • 25%
Still halted • 25%
Increased beyond pre-halt levels • 25%
Reports from the National Oil Corporation of Libya or international energy monitoring agencies
Story
Libya's Central Bank Governor Sadiq al-Kabir Flees Amid Militia Threats Over Oil Revenue
Aug 30, 2024, 05:05 AM
Sadiq al-Kabir, the governor of Libya's central bank, has fled the country along with senior bank staff due to threats from armed militias, according to reports by the Financial Times. The threats include potential attacks and the abduction of relatives, prompting the bank officials to leave for their safety. This development comes amid a political feud with Prime Minister Abdul Hamid Dbeibeh over financial control and the management of oil revenue, which has resulted in a halt in most of Libya's oil operations. The situation underscores the ongoing instability and division within the country.
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Restored to pre-blockade levels • 25%
Increased but below pre-blockade levels • 25%
No significant change • 25%
Further decreased • 25%
Below 1.5 million barrels per day • 25%
1.5 to 1.7 million barrels per day • 25%
1.7 to 1.9 million barrels per day • 25%
Above 1.9 million barrels per day • 25%
Fully operational • 25%
Partially operational • 25%
Shut down • 25%
Other • 25%
Yes • 50%
No • 50%
Increase by more than 1 million barrels per day • 25%
Increase by 500,000 to 1 million barrels per day • 25%
Increase by less than 500,000 barrels per day • 25%
No significant increase • 25%