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Spotlight | Libya
Major oil companies grapple with confusion over concession contracts

Reading time 5 min
Libyan National Oil Corp chair Masoud Suleiman Musa in Tripoli, Libya, 11 February 2026.
Libyan National Oil Corp chair Masoud Suleiman Musa in Tripoli, Libya, 11 February 2026.
Libyan National Oil Corp chair Masoud Suleiman Musa in Tripoli, Libya, 11 February 2026.
Libyan National Oil Corp chair Masoud Suleiman Musa in Tripoli, Libya, 11 February 2026. © Mahmud Turkia / AFP

National Oil Corp is seeking to formalise the signing of concession deals to bring new firms, including QatarEnergy, Turkish Petroleum and MOL Group, into the Libyan market. But doubts over the legality of the contracts are causing concern among industry players.

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