Eastern Libya authorities halt more than half of the country’s oil export



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Eastern Libya authorities halt more than half of the country’s oil export

Libya, a divided country which had been at the mercy of violent military confrontations over the past few years regarding control of a vast black gold reserves in the northern African nation, the largest in Africa with a reserve of nearly 77 years, had witnessed its oil output slashed by half on Saturday (January 17th) after the ports of eastern Libya controlled by the military commander Khalifa Hifter, who had been vying to take control of the internationally recognized Government of Libya in Tripoli for nearly a year, had stalled crude oil exports, stoking fears of further escalation of military warfare in the divided nation ahead of a summit in Germany, major focus of which would likely to be the military conflicts in the Libyan front.

In point of fact, latest move of Hifter came forth as Germany alongside the United Nation were seeking to persuade the rogue military commander alongside his foreign allies to halt their nine-month-long military campaign to take over Tripoli as early as on Sunday (January 18th).

Nonetheless, adding that the tribesman residing in the eastern Libya under command of the Libyan National Army of Haftar had closed the oil port of Zouitna, a spokesman for Hafter’s army (Libyan National Army) said to the reporters late on Saturday (January 18th), “It is the Libyan people who closed the oil ports and fields and prevented the export of oil.

” In fact, Libya, the largest oil reservoir in the African continent having 46.4 billion barrels of crude oil reserves, used to export 1.3 million barrels of crude or 1.3 per cent of world’s entire crude oil output per day.