Monday , 20 March 2023
Home / Normal / Why gunmen have turned off Libya’s oil taps

Why gunmen have turned off Libya’s oil taps

Armed groups in Libya are currently blocking key oilfields and ports – hijacking the government of its main source of revenue and leading to some fuel shortages and blackouts.

Billions of dollars have been lost over the last few months as oil production has plummeted, costing about $130m (£82m) a day.

Article by Rana Jawad, BBC News.

This article was originally published here.

Check Also

The Libyan Banking Sector: A Microcosm of Global Enduring Disorder

In this paper, we investigate the ongoing Libya conflict through the Enduring Disorder paradigm focusing …