The War For Ultimate Control Over Libya’s Oil - News Summed Up

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The War For Ultimate Control Over Libya’s Oil


Libya’s General Haftar is closing in on Tripoli, which in turn is prompting a sudden uptick in Turkish activity on behalf of the Tripoli-based government, and this next phase of war for ultimate control over the country’s oil will be even messier. With Haftar back in control, the valve closure was not coming from eastern forces and was likely a retaliation from GNA-backed forces. Related: Iraq’s 550,000 Bpd Oil Deal Is In JeopardyLast week, Libya declared force majeure on the field over the valve closure, but a day later, production had been restored. By late Wednesday, Haftar’s forces were claiming to have cordoned off GNA forces around Tripoli, but there was no confirmation of this on the ground. Either way, Haftar will still control the oil.


Source: Libya Today December 19, 2019 22:52 UTC



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