A new report by The Sentry exposes how state backed fuel smuggling drained about 20 billion dollars from Libya between 2022 and 2024. Officials and armed networks allegedly diverted subsidised petrol and diesel to foreign markets, worsening shortages and weakening the economy. The scheme undermined the National Oil Corporation and reduced revenue needed for essential services. Analysts warn that without firm action to end large scale smuggling, Libya will struggle to attract investment and stabilise its energy sector.
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Libya Fuel Smuggling Crisis Exposed
Business
19/11/2025
A new report by The Sentry exposes how state backed fuel smuggling drained about 20 billion dollars from Libya between 2022 and 2024. Officials and armed networks allegedly diverted subsidised petrol and diesel to foreign markets, worsening shortages and weakening the economy. The scheme undermined the National Oil Corporation and reduced revenue needed for essential services. Analysts warn that without firm action to end large scale smuggling, Libya will struggle to attract investment and stabilise its energy sector.
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