Oil money could be split between banks in different regions, opening way for ceasefireForces loyal to the Libyan warlord Gen Khalifa Haftar may be willing to end their blockade of the country’s oilfields, opening the way for a ceasefire, as a result of talks between the UN, US, France and Egypt.Under a deal under discussion for the past two weeks, the Libyan National Oil Corporation (NOC) – one of the few institutions that has avoided a split between the country’s east and west – would restart production and exports, but the oil revenue would not be sent immediately to the Tripoli-based Central Bank of Libya, which Haftar’s eastern faction has accused of failing to hand over its fair share. Continue reading…
Via: Talks may lead to end of blockade of Libyan oilfields
Categories: English News