Brega Petroleum Marketing Company has released details of fuel sales from the Sebha Oil Depot, showing continued distribution to service stations across Libya’s southern region.
According to the company’s figures for September 5, 2026, a total of 1.058 million liters of gasoline and 160,000 liters of diesel were allocated to 30 stations and distribution points.
The supplies covered areas including Sebha, Ubari, Ghadwa, Shati, Zawila, Bwanis, Tamanhint, Traghine and other locations across the south, with deliveries made through several distribution companies
TRIPOLI – Libyan businessman Husni Bey estimates that every hour of electricity outages costs Libya’s economy over LYD 25 million in lost output and extra energy costs, warning that the power and fuel crises are driving inflation and eroding purchasing power.
In an interview with Ean Libya, Bey said rising prices can’t be blamed on traders alone, pointing to public spending, a weak dinar, money creation, energy shortages and high import costs. Outages hit twice , businesses lose production while households pay more for generators, which are costlier and less efficient than central gas plants.
He challenged the idea that electricity is free, estimating the true cost at about LYD 3,300 a month for a six-person household once state costs are counted. “There is no such thing as free electricity,” he said , only a bill paid by the consumer or hidden by the state in the budget. The same applies to subsidised fuel.
Bey urged treating electricity reform as anti-inflation policy, calling for tighter spending, subsidy reform, reliable gas-fired power, and better metering. He said Libya has real potential in manufacturing, food processing and logistics , but only with stable electricity and predictable policy, and backed shifting from commodity subsidies to direct cash support.
“When the electricity goes out, we pay three times,” he said , for the grid, for generators, and in lost production.
TRIPOLI — Libya needs between $30 billion and $40 billion in investment to develop new oil and gas resources and raise crude production from around 1.4 million barrels per day to 2 million by 2030, according to National Oil Corporation Chairman Masoud Suleman. More than 60 discovered oil and gas fields remain undeveloped due to a lack of capital.
Major international companies, including Eni, TotalEnergies, Chevron and ConocoPhillips, are expanding their activities in Libya, but investment remains constrained by political instability, security concerns and funding shortages.
The NOC is considering new investment models that would require foreign companies to cover more of the upfront development costs.
Suleman also pointed to security risks, fuel smuggling and heavily subsidised domestic fuel prices as major challenges facing Libya’s oil sector and its wider economy.
High Council of State member Saad Ben Sharada warned that removing fuel subsidies without proper alternatives and economic reforms could create serious social and economic problems in Libya.
Ben Sharada said fuel price increases would likely raise transportation costs and the prices of basic goods, while potentially putting more pressure on the exchange rate and worsening inflation.
He said Libyans support efforts to stop fuel smuggling, but stressed that authorities must first address economic and security challenges before placing additional costs on citizens.
Ben Sharada also highlighted the impact of the liquidity crisis and the lack of reliable public transportation, saying many citizens could struggle to afford fuel. He questioned the details and guarantees of proposed cash compensation programs, and called for clearer solutions.
Regarding fuel imports, he questioned the rise in Libya’s fuel import spending, which increased from around $3 billion annually between 2016 and 2019 to nearly $9 billion in 2024, saying the figures suggest a significant portion of imported fuel may be lost through smuggling.
Libya’s National Oil Corporation (NOC) announced that the country’s total oil production has reached 1,487,723 barrels per day, marking the highest production level recorded since 2013.
According to the NOC, crude oil production reached 1,438,560 barrels per day, while condensate production stood at 49,163 barrels per day.
The announcement was made during a meeting at the NOC headquarters in Tripoli, where Chairman Masoud Suleiman praised the efforts of Libya’s oil companies and their employees for achieving this milestone despite ongoing challenges.
The NOC said the new production level brings Libya closer to its strategic goal of reaching 1.5 million barrels of crude oil per day, with plans to achieve this target before the end of 2026.
The corporation emphasized that increasing production will help strengthen the Libyan economy and support future development plans.
The Director General of the National Development Authority, Dr. Mahmoud Al-Farjani, has signed the contract for the implementation of the Sirte Fuel Depot Project, one of Libya’s major strategic infrastructure projects.
The project is part of a wider package of strategic initiatives announced last week by Field Marshal Khalifa Abu al-Qasim Haftar, Commander-in-Chief of the Libyan National Army, aimed at strengthening energy security, developing infrastructure, and addressing service challenges across the country.
Signed in the presence of Libyan Minister of Industry Mohammed Al-Saidi, the project is considered one of the largest fuel sector developments in Libya. It aims to establish a modern fuel storage depot to increase national storage capacity and secure a strategic fuel reserve, providing a long-term solution to fuel supply challenges in central and southern regions.
The project is expected to reduce fuel shortages, ease pressure on fuel stations, and support transportation, commercial activity, and essential services.
The Sirte Fuel Depot will include modern storage facilities for gasoline and diesel, along with an integrated system for fuel receiving, storage, pumping, and distribution in line with international technical standards. The storage facilities are scheduled to be completed within 12 months, while the full project is expected to be completed within 14 months.
The National Development Authority stated that the project reflects its strategy of implementing major projects with a direct impact on citizens’ lives, improving energy security, strengthening infrastructure efficiency, and enhancing Sirte’s role as a key logistics hub serving different regions of Libya.
The National Development Agency (NDA) has signed a contract with Turkish company DEHA TECH for the implementation of the Sirte Fuel Depot Project, marking one of Libya’s major strategic energy infrastructure initiatives.
The contract was signed by NDA Director Mahmoud Al-Farjani, in the presence of the Eastern Region Government’s Minister of Industry, Mohammed Al-Saidi. The project is part of a wider package of strategic developments aimed at improving energy security, upgrading infrastructure, and addressing service challenges across Libya.
The Sirte Fuel Depot project is designed to provide a long-term solution to fuel supply challenges in central and southern regions by establishing a modern storage facility that will increase fuel capacity and create a strategic reserve.
According to the NDA, the project will help reduce fuel shortages and long queues at fuel stations while supporting transportation, commercial activity, and essential services.
The project includes the construction of advanced storage facilities for gasoline and diesel, along with an integrated system for fuel receiving, storage, pumping, and distribution, built according to international technical standards. The gasoline and diesel storage facilities are expected to be completed within 12 months, while the full project is scheduled for completion within 14 months.
The NDA stated that the project reflects its strategy of implementing major developments with a direct impact on citizens’ lives, strengthening Libya’s energy security, improving infrastructure efficiency, and positioning Sirte as a key logistics hub serving different regions of the country.
