---
title: Libyan Crude Production at Risk of Further Decline
description: Libya's crude oil production has recently dropped by about 200,000 b/d in August, and further reductions can be expected until the standoff is resolved.
image: https://www.esaienergy.com/hubfs/ESAI%20Energy.jpg
---

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Intelligence Briefings

# Libyan Crude Production at Risk of Further Decline

Libya's crude oil production has recently dropped by about 200,000 b/d in August, and further reductions can be expected until the standoff is resolved.

[ESAI Energy](https://www.esaienergy.com/resources/author/esai-energy)

 Aug 30, 2024

---

**Summary:**

A dispute over control of the central bank has led Libya’s eastern-based Government of National Stability (GNS) to threaten a halt to all activities in oil fields and at export terminals. This follows the protest-induced halt in production at the large Sharara field in early August. Libya’s crude oil production has been near 1.2 million b/d in recent months but now has fallen by roughly 200,000 b/d in August. ESAI Energy expects further reductions in oil output until this latest standoff is resolved.

 

---

For the full report, you can visit the ESAI Client Portal at [http://client.esaienergy](http://client.esaienergy).

 

 

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