Foreign oil firms demand new licenses to exploit Libyan oil

Reuters reported on 14 June the renewal by foreign firms of their licenses to exploit Libyan oil. Total, the French oil firm, was among the firm demanding the renewal of its license after having been suspended by the Ministry of Economy in May because the licence had expired. Reuters notes that some diplomats and analysts saw the move as political pressure aimed at shoring up support abroad against an assault by Haftar’s Libya National Army (LNA), a claim denied by Government of National Accord (GNA) Minister of Economy, Ali Abdulaziz Issawi.Click here to read the article.