Sunday, 25/10/2020 | 6:51 UTC+0
Libyan Newswire

HAFTAR AGREES TO LIFT LIBYA OIL BLOCKADE WITH CONDITIONS

Libyan strongman Khalifa Haftar announced Friday a conditional lifting of a months-long blockade on oilfields and ports by his forces.
“We have decided to resume oil production and export on condition of a fair distribution of revenues” and guarantee they “will not be used to support terrorism”, he said on television.
Pro-Haftar groups supported by the Petroleum Facilities Guard blockaded key oilfields and export terminals on January 17 to demand what they called a fair share of hydrocarbon revenues.
The blockade, which has resulted in more than $9.8 billion in lost revenue, according to National Petroleum Company (NOC), has exacerbated electricity and fuel shortages in the country.
Dressed in his military uniform, Haftar said the command of his forces had “put aside all military and political considerations” to respond to the “deterioration of living conditions” in Libya, which has Africa’s largest oil reserves.

Source: National News Agency

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