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In a statement issued in the earlier hours of 20 June, Stephanie Williams, the United Nations Special Advisor on Libya, drew the curtain on the Cairo talks between Libyan rivals as they failed to reac...
Without a quick resolution to the renewed rivalry in Libyan politics, the oil blockades could last all year
Libya is producing only about 100,000-150,000 bpd of crude oil as almost all of its fields get shut down amid the latest flare-up of fighting between political factions in the war-torn country.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Libya is losing oil production at the rate of 1.1 million barrels daily, the country’s oil minister Mohammed Aoun has said, adding that almost all of the country’s oil fields were shut down