A rich oil country… Libya is facing complete electricity shortage!
The Libyan General Electricity Company issued an urgent warning to the Attorney General’s Office about the risk of a comprehensive power outage during peak times, due to the severe shortage of fuel supplies needed to operate power plants.
This crisis comes amid a sharp decline in the country’s oil production, which threatens the collapse of the oil sector and exacerbates the financial crisis.
The Libyan government, backed by parliament, has decided to declare a state of “force majeure,” which has led to the closure of oil fields and ports, in an attempt to pressure for a resolution of political differences and a fair distribution of oil resources.
The General Electricity Company, which manages and maintains the national electricity grid, has asked the Public Prosecution to intervene immediately to ensure the continued provision of sufficient quantities of fuel, to maintain the stability of the electricity grid and meet the increasing demand for energy.
The company had previously alerted the relevant authorities, including the National Oil Corporation and Brega Oil Marketing Company, of the seriousness of the situation through several correspondences.
The company warned that the shortage of fuel supplies poses a real threat to economic and social stability, especially in the summer when demand for electricity increases, and stressed that any delay in gas or liquid fuel supplies would inevitably lead to a decline in generation capacity and thus an inability to meet the country’s energy needs.
In addition, Libya is suffering from multiple crises, most notably political divisions over the management of the Central Bank of Libya, which has led to the appointment of competing governors.
These disputes have negatively affected the national economy, disrupting financial operations and complicating the economic situation in the country.
