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Libya Restarts Ras Lanuf Refinery Plan

Business 18/05/2026

Libya regained full control of the Ras Lanuf refinery after ending a long-running partnership dispute with UAE-based Trasta, according to the National Oil Corporation and Prime Minister Abdulhamid Dbeibah. Officials said the refinery could resume operations within six to 12 months following maintenance work estimated at $60 million. The 220,000-barrel-per-day facility, Libya’s largest refinery, remained idle since 2013 amid legal disputes and political instability affecting the country’s energy sector.

Libya regained full control of the Ras Lanuf refinery after ending a long-running partnership dispute with UAE-based Trasta, according to the National Oil Corporation and Prime Minister Abdulhamid Dbeibah. Officials said the refinery could resume operations within six to 12 months following maintenance work estimated at $60 million. The 220,000-barrel-per-day facility, Libya’s largest refinery, remained idle since 2013 amid legal disputes and political instability affecting the country’s energy sector.

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