Chaos, violence, and warfare massively impaired Libya's oil and gas supply. Europe is the primary market for Libyan hydrocarbons and could benefit from by Libyan gas. (Photo credit should read ABDULLAH DOMA/AFP via Getty Images) AFP via Getty ImagesUS Congress passed the Libya Stabilization Act. Working together to prevent further conflict and thus stabilize the oil and gas production will serve to benefit the Libyan people and Europe as they look for alternatives to Russian gas. In the long term, Libyan gas and oil are high quality and inexpensive to produce.

Source: Libya Today February 11, 2022 17:44 UTC