Thursday, June 21, 2018

Who controls Libya's oil riches?

 The battle to control the largest oil reserves in Africa has taken a new twist – which is turning off the lifeblood of the Libyan economy.

Renewed fighting has shut down oil terminals and stopped oil tankers from loading around a quarter of a million barrels of daily exports.

The warlord Khalifa Haftar has launched an offensive to recapture the so-called ‘oil crescent’.

Haftar’s forces want to recapture the oil territory they seized two years ago – including the two largest oil ports.
Haftar’s determined to drive out fighters who attacked Ras Lanuf and Al-Sidra on Thursday.

How does the fight for the oil revenue shape Libya's future?



















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