Posted on 05/10/2016 11:57:07 AM PDT by bananaman22
Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields within a month’s time as the Hariga port remains under blockade over an export dispute between rival governments.
Fields in the south-east which provide the majority of the Libyan oil output will be shut down in a month unless blockade on the Mediterranean Sea terminal Marsa el-Hariga if lifted, officials in Tripoli have warned on Tuesday.
Factions loyal to the eastern government in Tobruk, and the parallel National Oil Company in Benghazi, have been in control of the Hariga port, which is under blockage since the Benghazi NOC unsuccessfully attempted to unilaterally export oil late last month.
(Excerpt) Read more at oilprice.com ...
Take the oil
“Officially.”
There is a huge black market for Libyan oil. They’ll sell it for a fraction of the market rate and launder the cash in Europe.
More of the destruction Obama and Clinton have wrought.
Another Ally overthrown by Hillary and Obama
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