While Libya is continually calling for foreign oil companies to expand investment in the country, there are indications that the conflict is coming full circle, with east (the powers in Benghazi) and west (the powers in Tripoli) rattling sabers over control of oil and oil revenues. Three weeks ago, General Haftar backed a proposal to set up a new rival interim government to challenge the GNU in Tripoli.
Last week, threats emerged from the east of another oil export blockade until the distribution of oil revenues is sorted. This has never really…Uncertainty Looms Large Over Libya's Oil Industry
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