Rival Libyan Sides Agree to Share Oil Revenue
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Jul 10, 2023 ·
47s
Rival sides in politically divided Libya have agreed to set up a committee to oversee the sharing of oil revenues. Eastern military strongman Khalifa Haftar had threatened to force the...
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Rival sides in politically divided Libya have agreed to set up a committee to oversee the sharing of oil revenues.
Eastern military strongman Khalifa Haftar had threatened to force the shutdown of oil production unless the UN-backed Tripoli-based government agreed to address the issue.
Crude oil provides the country's main revenue source, which has been plagued by unrest since a Nato-backed revolt in 2011 toppled former leader Muammar Gaddafi.
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Eastern military strongman Khalifa Haftar had threatened to force the shutdown of oil production unless the UN-backed Tripoli-based government agreed to address the issue.
Crude oil provides the country's main revenue source, which has been plagued by unrest since a Nato-backed revolt in 2011 toppled former leader Muammar Gaddafi.
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