Who Runs Libya's Oil Industry?

There is continued confusion over who runs the oil industry in Libya.

The Wall Street Journal reports that the country now has two people claiming the position of Minister for Oil: Mashallah al-Zawie, who is part of an Islamist-backed cabinet of the controlling Tripoli, claimed to the legitimate holder of the position during a visit at NOC's headquarters Sunday, while Omar Shakmak said he was still the acting oil minister of the rival, internationally recognized House of Representatives (HoR) based in Tobruk.

Meanwhile, Reuters reports that the new cabinet approved by the HoR on Monday has no oil minister, with the oil sector being run by the NOC, as was the case under Gaddafi.

The United Nations Support Mission in Libya (UNSMIL) said on Sunday that the country's rival groups had agreed to hold talks for the first time on 29th September in an attempt to end the deadlock between the rival parliaments.

(Sources: WSJ, Reuters)

(Picture: Zueitina Oil)

One Response to Who Runs Libya's Oil Industry?

  1. Moha Saadi 2nd October 2014 at 10:02 pm #

    "Islamist-backed cabinet of the controlling Tripoli" when you say Islamist, this is false information given to public. they are two power controlling the country. niether of them are Islamist.

    Please find the out the fact before accusing any party of the unwanted names or calls

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