Issue 372 - 29 Jun 2018
The deal between the Tripoli-based National Oil Corporation (NOC) and Cyrenaica-based Libyan National Army (LNA) that has ensured steady oil production of around 1m b/d for the past two years has broken down, threatening a new extended blockade of oil exports, the further destabilisation of the critically weak economy and possibly the opening of a new phase in Libya’s lengthy civil war.
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