Libya to resume oil exports from eastern terminals

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Libya is resuming oil exports from its eastern production heartland, its National Oil Corporation said on Wednesday after a showdown between the war-torn country’s rival authorities.

The internationally recognised NOC was handed back control of four terminals in the oil crescent on Wednesday morning, it said in a statement, adding that “production and export operations would return to normal levels within the next few hours”.

Exports from all four of the region’s ports had been suspended after military strongman Khalifa Haftar’s self-styled Libyan National Army (LNA) seized them from a rival militia in June.

 

Posted by Juliet Ekwebelam (NAN)