\u00a0A blockade on Libya\u2019s oil facilities has been partially lifted, allowing a gradual reopening of some ports and fields, but obstacles and uncertainties complicate a full recovery, according to a report by Reuters.<\/p>\n\n\n\n
Factions that moved to eastern Libya in 2014 as part of a broader conflict have repeatedly tried and failed to sell oil independently.<\/p>\n\n\n\n
The blockade was seen as a key bargaining chip for Haftar and his foreign backers, which include the United Arab Emirates, Egypt and Russia.<\/p>\n\n\n\n
For now, money is being held in the NOC\u2019s account at the Libyan Foreign Bank, pending political negotiations over a unity government and key institutions such as the central bank, diplomats and analysts say. <\/p>\n\n\n\n
The NOC had ambitious plans to raise that to more than 2 million bpd, but years of conflict and blockades have cut off investment and left infrastructure degraded.
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\u00a0A blockade on Libya\u2019s oil facilities has been partially lifted, allowing a gradual reopening of some ports and fields, but obstacles and uncertainties complicate a full recovery, according to a report by Reuters. Factions that moved to eastern Libya in 2014 as part of a broader conflict have repeatedly tried and failed to sell oil […]<\/p>\n","protected":false},"author":1,"featured_media":37029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[10700],"class_list":["post-32671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libyalibyan-oilnational-oil-corporationoiloil-blockade"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/32671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=32671"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/32671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/37029"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=32671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=32671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=32671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}