Libya’s new oil order is built on shaky ground
Zawiya, 40 km (25 miles) west of the capital Tripoli, is home to Libya’s biggest functioning refinery. (Reuters)
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Libya’s latest reshuffle of the National Oil Corporation has largely been interpreted as a corporate exercise: a new chairman, reconfigured board, renewed licensing rounds, and ambitious production targets aimed at restoring the country’s position among the Mediterranean’s leading oil producers. Many observers have even welcomed the changes as further evidence that Libya is finally turning the page after more than a decade of conflict.
