Snapshots

Libya: In a Fight Over Oil, Hifter Makes a Strategic Withdrawal

Jul 11, 2018 | 19:12 GMT

Libyan oil exports might make a quicker rebound than expected. On July 11, the head of the Libyan National Army, Khalifa Hifter, returned control of five eastern oil terminals to the National Oil Corp. based in Tripoli, the home of the internationally recognized Government of National Accord (GNA). In so doing, Hifter reversed an earlier decision to let the unrecognized National Oil Corp. in Benghazi control the terminals. The Tripoli oil company announced that it would lift a force majeure later in the day and would shortly resume to full production. In offering an olive branch to Hifter, GNA Prime Minister Fayez al-Sarraj called on the U.N. Security Council to form a committee to audit Libya's finances. Hifter, who is loyal to the rival government in the east, has accused the GNA of supporting militias that attacked the oil terminals last month....

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