In this special podcast with Charles Gitonga from BBC, Dr. Carole Nakhle, CEO of Crystol Energy, offers her expert insights into Libya’s first oil and gas licensing round since 2007. She analyzes the country’s investment appeal amid shifting global market conditions, the key features of its oil sector, and potential outcomes of the bidding process.
Oil Production, Libya

Key topics discussed include:
- Why Libya is opening new opportunities for upstream investment after years of stagnation.
- Assessing the country’s attractiveness for international players in a volatile energy landscape.
- Understanding the sector’s potential, infrastructure, and production capacity.
- What to expect in terms of block awards and investor participation.
- How Libya’s ongoing political fragmentation may impact foreign investment.
- How Libya’s vast oil wealth could shape its economy amid risks of the resource curse.
Listen to the full episode here.
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