Oil becomes the key battleground in Libya’s civil war. (Mentioned by Andrew Fawthrop 18 Feb 2020) Blockades on crucial oil and gas infrastructure in the country since mid-January have sent crude output plummeting more than 80% in just

Crudexport revenues are a significant part of Libya's economy. In 2021, oil revenues e oil and natural gas accounted for an estimated 98% of Libya's total government revenues, according to Libya's Central Bank

• Crudexport revenues are a significant part of Libya's economy. In 2021, oil revenues e oil and natural gas accounted for an estimated 98% of Libya's total government revenues, according to Libya's Central Bank

Oil refinery in Libya's northern city of Ras Lanuf

AP/YOUSEF MURAD - Libyan forces deploy in Tripoli, Libya, Saturday, Aug. 27, 2022. Clashes erupted early Saturday between rival militias in Libya's capital

• The north african country forms part - along with saudi arabia, algeria, qatar, ecuador, the united arab emirates, kuwait, indonesia, iraq, iran, nigeria and venezuela, among others - of the organisation of petroleum exporting countries (opec), which, given the protraction of the russian-ukrainian conflict, is currently dealing with international pressure to increase production and daily crude oil exports.

AFP/GREGORIO BORGIA - Libya's Prime Minister Abdul Hamid Dbeibé

Libya has been in a long civil war for the best part of a decade, following the toppling of former Libyan dictator Colonel Muammar Gaddafi in 2011. Turkey, for instance, has been sending mercenaries and weapons daily to the Tripoli-based Government of National Accord (GNA). The motives for Turkish interference in Libya are unclear, although experts have suggested that it may be a move to secure the country’s rich hydrocarbon assets.

• Libya has been in a long civil war for the best part of a decade, following the toppling of former Libyan dictator Colonel Muammar Gaddafi in 2011. Turkey, for instance, has been sending mercenaries and weapons daily to the Tripoli-based Government of National Accord (GNA). The motives for Turkish interference in Libya are unclear, although experts have suggested that it may be a move to secure the country’s rich hydrocarbon assets.
• The struggle to control these oil supplies has been at the center of the country’s unrest since 2011. Libya is home to 48.4 billion barrels of proven oil reserves – Africa’s largest proven reserves – making the country an important player in global hydrocarbon markets