• 3 minutes China's aggression is changing the nature of sovereignty.
  • 8 minutes Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 11 minutes Europe gas market -how it started how its going
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours The Fascist Dictatorship called Russia under Dictator for Life Putin
  • 3 hours Natural Gas is the Cleanest and most Likely Source of Energy to Fuel the World.
  • 1 day Russia, Ukraine and "2022: The Year Ahead"
  • 17 hours FOREX. Currencies of oil-producing countries.
  • 3 days "Tackling One Of The Fracking Industry’s Biggest Problems" by Robert Rapier
  • 3 days Energy Storage Could Emerge As The Hottest Market Of 2022
  • 3 days NordStream2
  • 3 days Following the Big Money
Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

New Offensive Brings Libya To The Brink Of War

Forces loyal to Libya’s eastern strongman General Khalifa Haftar are advancing west toward the capital Tripoli in a renewed confrontation between the rival administrations that could escalate and threaten to disrupt, once again, Libya’s oil production and exports.

Haftar leads a self-styled Libyan National Army (LNA) with a base in the eastern city of Benghazi. LNA is the main opponent of the UN-backed Libyan government based in the capital Tripoli in the west.

On Thursday, forces loyal to Haftar clashed with rival forces south of Tripoli, LNA representatives told Reuters.

United Nations Secretary-General António Guterres, who is on a visit to Libya to bring rival leaders across the country together for a national reconciliation conference, tweeted: “I am deeply concerned by the military movement taking place in Libya and the risk of confrontation. There is no military solution. Only intra-Libyan dialogue can solve Libyan problems. I call for calm and restraint as I prepare to meet the Libyan leaders in the country.”

Oil-rich Libya, torn between a UN-backed government based in Tripoli and an alternative administration and institutions in the east, could see the years-long political crisis solved this month by the creation of a single government, Haftar said just a few days ago.

Since the toppling of Muammar Gaddafi in 2011, the division in Libya’s political landscape has resulted in frequent attacks on oil fields and infrastructure from various groups. For years, Libya has been struggling to keep its oil production above 1 million bpd, compared to 1.6 million bpd before the clashes began.

Forces loyal to Haftar control the four oil ports in the so-called Oil Crescent in the east and the major oil fields there.

The renewed confrontation between the rival forces risks disrupting Libyan crude supply at a time in which the oil market is tightening due to the OPEC and allies’ cuts, from which Libya is exempted because of the frequent clashes and attacks on oil infrastructure.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




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