Libya’s National Oil Corporation (NOC) is preparing to start up a gasoline production unit at Sirte Oil Company. The October 12 announcement referred to final preparations and a targeted start-up within the week. As of October 19, neither processing capacity…
Libya reportedly lost between $2.4 billion and $4.4 billion through the diversion of imported fuel between January and September 2026. At a Security Council meeting on October 14, Hanna Tetteh, the UN Secretary-General’s Special Representative, estimated that 30% to 50%…
Nigeria now has refining capacity that fundamentally changes its oil market equation. Yet commissioning Dangote’s facility has not ended overseas fuel purchases. In August 2026, gasoline imports still amounted to 14.6 million…
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