In a furious televised speech, Mustafa Sanalla said Prime Minister Abdulhamid al-Dbeibah's mandate to govern had expired and warned him not to touch NOC. Libya's messy political situation has already removed 850,000 barrels per day from the market this year through a blockade by eastern factions, underlining the risks to already constricted global energy supply. Sanalla accused the United Arab Emirates, which previously backed eastern forces during the civil war, of being behind a series of Libyan oil blockades and his sacking. Control over Libya's oil revenues through NOC and the central bank has been the biggest prize for warring factions since the 2011 NATO-backed uprising that began years of chaos. Arguments over which government should access oil revenue have drawn in both the NOC and the central bank.

Source: Libya Today July 13, 2022 23:04 UTC