CAIRO: Libya’s National Oil Corporation said on Friday that recent oilfield closures have caused the loss of approximately 63 percent of the country’s total oil production, as a conflict between rival eastern and western factions continues.
The North African country’s oil blockade has widened, with eastern leaders demanding western authorities back down over the replacement of the central bank governor, a key position in a state where control over oil revenue is the biggest prize for all factions.
The crisis over control of the Central Bank of Libya threatens a new bout of instability in a major oil producer split between eastern and western factions that have drawn backing from Turkiye and Russia.
Highlighting that the oil sector represents the backbone of the Libyan economy, NOC said restarting the halted oilfields will require huge costs and double technical efforts.
It said the reasons for the oil closure have “nothing to do” with the company, adding that its teams are assessing losses resulting from the closures.
The repeated shutdowns have resulted in the loss of a large portion of the country’s oil production, caused a deterioration of the sector’s infrastructure, and dissipated efforts to increase production, the NOC added in its statement.
Eastern factions have vowed to keep Libya’s oil output shuttered until the internationally recognized Presidency Council and Government of National Unity in Tripoli in the west return veteran central bank governor Sadiq Al-Kabir to his post.
Presidency Council chief Mohammed Al-Menfi said he was dismissing Kabir earlier this month, a move rejected by the eastern-based House of Representatives parliament and eastern commander Khalifa Haftar’s Libyan National Army.
![]()
Libya’s oil production plunges 63 percent due to oilfield closures, NOC says
Short Url
https://arab.news/56s8e
Libya’s oil production plunges 63 percent due to oilfield closures, NOC says
- The crisis over control of the Central Bank of Libya threatens a new bout of instability in a major oil producer
Iran FM criticizes Israel for ‘doctrine of domination’
- Doctrine allows Israel to expand its military arsenal while pressuring other countries in the region to disarm
- His remarks came a day after renewed nuclear talks with Washington in Oman
DOHA: Iran’s Foreign Minister Abbas Araghchi on Saturday criticized what he said was a “doctrine of domination” that allows Israel to expand its military arsenal while pressuring other countries in the region to disarm.
His remarks came a day after renewed nuclear talks with Washington, with previous talks collapsing when Israel launched an unprecedented bombing campaign against Iran last June that triggered a 12-day war.
Araghchi was speaking at the Al Jazeera Forum conference in Qatar but made no reference to Friday’s talks with the United States.
“Israel’s expansionist project requires that neighboring countries be weakened: militarily, technologically, economically and socially,” Araghchi said.
“Under this project Israel is free to expand its military arsenal without limits ... Yet other countries are demanded to disarm. Others are pressured to reduce defensive capacity. Others are punished for scientific progress,” he added.
“This is a doctrine of domination.”
During the 12-day war Israel targeted senior Iranian military officials, nuclear scientists and sites as well as residential areas, with the US later launching its own attacks on key nuclear facilities.
Iran responded at the time with drone and missile attacks on Israel, as well as by targeting the largest US military base in the Middle East, located in Qatar.
On Friday, Araghchi led the Iranian delegation in indirect nuclear talks with US Middle East envoy Steve Witkoff in Muscat.
The top Iranian diplomat later described the atmosphere as having been “very positive,” while US President Donald Trump said the talks were “very good,” with both sides agreeing to proceed with further negotiations.
The talks followed threats from Washington and its recent deployment of an aircraft carrier group to the region following Iran’s deadly crackdown on anti-government protests last month.
The United States has sought to address Iran’s ballistic missile program and its support for militant groups in the region — issues which Israel has pushed to include in the talks, according to media reports.
Tehran has repeatedly rejected expanding the scope of negotiations beyond the nuclear issue.
His remarks came a day after renewed nuclear talks with Washington, with previous talks collapsing when Israel launched an unprecedented bombing campaign against Iran last June that triggered a 12-day war.
Araghchi was speaking at the Al Jazeera Forum conference in Qatar but made no reference to Friday’s talks with the United States.
“Israel’s expansionist project requires that neighboring countries be weakened: militarily, technologically, economically and socially,” Araghchi said.
“Under this project Israel is free to expand its military arsenal without limits ... Yet other countries are demanded to disarm. Others are pressured to reduce defensive capacity. Others are punished for scientific progress,” he added.
“This is a doctrine of domination.”
During the 12-day war Israel targeted senior Iranian military officials, nuclear scientists and sites as well as residential areas, with the US later launching its own attacks on key nuclear facilities.
Iran responded at the time with drone and missile attacks on Israel, as well as by targeting the largest US military base in the Middle East, located in Qatar.
On Friday, Araghchi led the Iranian delegation in indirect nuclear talks with US Middle East envoy Steve Witkoff in Muscat.
The top Iranian diplomat later described the atmosphere as having been “very positive,” while US President Donald Trump said the talks were “very good,” with both sides agreeing to proceed with further negotiations.
The talks followed threats from Washington and its recent deployment of an aircraft carrier group to the region following Iran’s deadly crackdown on anti-government protests last month.
The United States has sought to address Iran’s ballistic missile program and its support for militant groups in the region — issues which Israel has pushed to include in the talks, according to media reports.
Tehran has repeatedly rejected expanding the scope of negotiations beyond the nuclear issue.
Latest updates
© 2026 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.