Libya: Could ‘Peace Deal’ Double Oil Output To 800,000 B/D?

A recent southern Libya peace deal has given hope for the re-opening of two major oilfields, including the country’s largest. But a history of short-lived local ceasefires offers little grounds for confidence of a sustainable resumption in production.

On 23 November, officials in Doha announced that Qatar had brokered a deal between Tebu and Tuareg fighters in the southwest of Libya to end a long-running conflict...