The post-Ghaddafi chaos has created some great business opportunities in both human trafficking and oil smuggling. Read moreOn Thursday, forces aligned with Khalifa Gwell announced the creation of yet another guard - the Libyan National Guard (LNG), to “protect” institutions. It’s definitely not the right time to try to get into Libyan oil. Nor is there any chance that Libyan oil is going to upset the global balance of supply and demand and scupper the OPEC/non-OPEC deal on production cuts. It is against this backdrop that oil smuggling thrives, and will continue to thrive, and supermajor oil companies will have no choice but to pull up stakes or play the game, which means indirectly enabling smuggling activities.

Source: Libya Today February 13, 2017 09:00 UTC