• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 41 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Does Toyota Know Something That We Don’t?
  • 6 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days America should go after China but it should be done in a wise way.
  • 6 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 5 days China is using Chinese Names of Cities on their Border with Russia.
  • 6 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 5 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 6 days Putin and Xi Bet on the Global South
  • 6 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 7 days United States LNG Exports Reach Third Place
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 11 days huge-deposit-of-natural-hydrogen-gas-detected-deep-in-albanian-mine
Editorial Dept

Editorial Dept

More Info

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…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News