• 4 minutes Nord Stream 2 Halt Possible Over Navalny Poisoning
  • 8 minutes America Could Go Fully Electric Right Now
  • 11 minutes JP Morgan says investors should prepare for rising odds of Trump win
  • 1 day Daniel Yergin Book is a Reality Check on Energy
  • 2 days Permian in for Prosperous and Bright Future
  • 4 hours US after 4 more years of Trump?
  • 2 days Famine, Economic Collapse of China on the Horizon?
  • 2 days Oil giants partner with environmental group to track Permian Basin's methane emissions
  • 2 days YPF to redeploy rigs in Vaca Muerta on export potential
  • 5 hours Something wicked this way comes
  • 3 hours Why NG falling n crude up?
  • 2 days Gepthermal fracking: how to confuse a greenie
  • 2 days Top HHS official takes leave of absence after Facebook rant about CDC conspiracies
  • 5 hours The Perfect Solution To Remove Conflict Problems In The South China East Asia Sea
  • 1 day Open letter from Politico about US-russian relations
  • 4 days Surviving without coal is a challenge!!

Global Intelligence Report – 20th March 2019

Sources

- Senior Eni executive in Libya
- High-ranking European diplomat in Libya
- Libyan energy consultant to supermajors
- High-level energy industry source in Kazakhstan
- Member of the circle of elite close to the Kazakh president

Haftar Officially Controls Libya’s Oil, and Oil Majors Are All Ins

Recent developments over the past few weeks have confirmed that General Khalifa Haftar, as the Head of LNA, has taken control of the majority of Libya’s oil fields. We have recently said that Haftar has emerged as the main political figure in Libya, and we now we have additional confirmation that the Italian government is increasingly supporting him in his endeavour to take control of the country’s oil wealth. This confirmation comes from a senior executive with Eni in Libya.

Likewise, a high-level European diplomatic source has confirmed that Italy is supporting Haftar’s positioning within the Libyan political context, indicating that Haftar “is seen as the obvious solution for some of the Western countries that have invested heavily in Libya’s oil sector”.

LNA’s priority is to take full control of the oil industry because Haftar understands that control of the energy sector will ‘provide him with political supremacy’. It is increasingly recognized within political circles that Haftar is able to engage with the militia as well as the local tribes—a combination that will…




Oilprice - The No. 1 Source for Oil & Energy News