Rival Libyan Sides Agree to Share Oil Revenue
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Description
Rival sides in politically divided Libya have agreed to set up a committee to oversee the sharing of oil revenues. Eastern military strongman Khalifa Haftar had threatened to force the...
show moreEastern military strongman Khalifa Haftar had threatened to force the shutdown of oil production unless the UN-backed Tripoli-based government agreed to address the issue.
Crude oil provides the country's main revenue source, which has been plagued by unrest since a Nato-backed revolt in 2011 toppled former leader Muammar Gaddafi.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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