U.A.E. Backed Militia Leader’s Bid to Take Control of Libyan Oil Exports

United Arab Emirates officials have engaged in secret talks with a Libyan military commander seeking the Gulf state’s help in exporting Libya’s oil outside of United Nations-approved channels, Libyan, Emirati and European officials said.

With the U.A.E.’s assent last month, Khalifa Haftar, the military commander of forces in eastern Libya, moved to cut off his political rivals in Tripoli in western Libya from 850,000 barrels a day of oil production and begin exporting the oil through a breakaway company based in his part of the country, the officials said. The decision threatened to undo years of international efforts to reunify Libya and contributed to a rise in international crude prices to close to $80 a barrel.

Under international pressure, Mr. Haftar on Wednesday backed away from his plan, which would have violated U.N. National Security Council resolutions that ban any export of Libyan oil except through the country’s National Oil Co. in Tripoli. The U.S., U.K., France, Germany and Spain had vowed action last month against any such effort…

Click Here For Remainder of Article 

Posted in: Daily News

About the Author:

Post a Comment