Saturday, August 16, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya’s Gas Exports to EU Drop to Record Low

March 16, 2025
Libya’s Gas Exports to EU Drop to Record Low

Libya’s Gas Exports to EU Drop to Record Low

Share on FacebookShare on Twitter

Libya’s natural gas exports to the European Union hit a record low in February 2025. Shipments through the Green Stream pipeline to Italy fell to 1.25 million cubic meters per day, an 8% drop from January 2025.

This decline highlights Libya’s diminishing role in the European energy market. The EU’s total gas imports surged to 410 million cubic meters per day, largely driven by increased Norwegian supply.

Despite having substantial natural gas reserves, Libya has struggled to maintain stable production and exports, primarily due to ongoing political instability, infrastructure challenges, and inconsistent energy sector output.

The Green Stream pipeline, which transports gas from the Mellitah complex in western Libya to Italy, has faced frequent operational disruptions caused by maintenance issues, security threats, and fluctuating production levels.

Libya remains a minor player in the European gas market, with Italy as its sole European customer. Meanwhile, Algeria continues to strengthen its position as the EU’s second-largest gas supplier, securing a steady flow of exports despite global market fluctuations.

The EU has been actively diversifying its energy sources by increasing imports from Norway, the US, and North African producers, which further reduces Libya’s competitiveness in the region.

The declining gas exports raise concerns about Libya’s economic outlook, as the country remains heavily dependent on hydrocarbon revenues to sustain government operations and public services.

With oil and gas accounting for over 95% of Libya’s revenue, its inability to maintain or expand natural gas exports puts additional strain on state finances and economic recovery efforts.

Libya’s energy sector has long suffered from instability, exacerbated by political divisions, armed conflicts, and weak governance.

The fragmentation of state institutions and competing authorities in the east and west has made it difficult to implement long-term energy policies or attract foreign investment needed to modernize its aging infrastructure.

Next Post
3 Bodies Found Near Libya's Al-Zawiya's Spanish Port

3 Bodies Found Near Libya's Al-Zawiya's Spanish Port

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Central Bank Reports Low Inflation & Strong Oil Trade in Libya

Plastic Waste & Overfishing Threaten Libya’s Marine Life

Hannibal Gaddafi’s Release Stalled by Political & Judicial Deadlock

Russia Pledges Stronger Military Ties with Libya’s Saddam Haftar

Unidentified Attackers Set Fire to Libya’s Coastal Election Office

US & Greece Discuss Libya’s Political Future

EDITOR PICKS

Body Recovered After Building Collapse in Libyan Capital

Russia Pledges Stronger Military Ties with Libya’s Saddam Haftar

UK Embassy Condemns Attempts to Disrupt Libya’s Municipal Elections

Libya’s Electoral Commission Calls for Security Crackdown After Office Attacks

UNSMIL Steps Up Security Talks to Prevent Violence in Libya

Unidentified Attackers Set Fire to Libya’s Coastal Election Office

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR