Oil-rich Libya has been fighting to get its oil industry back on track over the last decade, since the Arab Spring and subsequent political instability. Following the failed presidential elections of 2021, it finally appeared that Libya’s oil and gas industry was getting back on track. More foreign investment was coming in and several discoveries showed great promise for the country’s oil fields. However, a recent devastating storm has plunged into a humanitarian crisis, meaning its energy revenues and international support will be vital for its recovery.
Storm Daniel, which hit Libya on 10th September, has left the country in a state of emergency. Humanitarian organisations estimate that tens of millions of dollars will be required to help those affected by the storm. More than 3,000 were killed in the storm and there are still over 9,000 people missing, with the death toll expected to continue increasing. The International Organisation for Migration estimates that around 40,000 people have been internally displaced because of the storm. Meanwhile, hospitals are at full capacity and are struggling to respond to patients’ needs.
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