Output from El Sharara oilfield slowed over the weekend. Libya’s UN-backed government, which is in opposition to Haftar, called the move “political extortion” without elaborating further. Libya’s National Oil Corporation said on Tuesday it would gradually decrease production at the oilfield, citing protests in the area. The latest episode appears to show how some in Libya’s political leadership can use the threat of oil shutdowns to enforce their personal and political agenda. View image in fullscreen El Sharara oilfield was partly closed down when the initial Spanish investigation into arms shipments was launched.

Source: Libya Today August 06, 2024 13:36 UTC