Article length: 1337 words
Turmoil in Libya’s oil crescent threatens new blockade
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. Problems at the Ras Lanuf and Sidra terminals started on 14 June, when forces commanded by the rogue militia leader Ibrahim Jathran, notorious for his damaging blockade of the facilities that started in 2013 and lasted on and off until 2016.
Credit value: 16