Libyan rival factions reached consensus on Oil

“When it comes to Libya, it is now obvious that things have started to move in the right direction,” wrote Victor Angelo, a former United Nations Special Representative of the Secretary-General (SRSG, Peacekeeping Operations) who told Cyceon last year that Africa had to address basic needs in order to grow. Apparently the two main opposing Libyan factions, one representing the western part of the country and the other one the eastern’s, have reached a consensus as for the management of the OPEC member country’s oil production and exports.

“The first steps to achieve this are being taken (…), there is an agreement on the basic points and principles,” Foreign Minister Mohammed Siyala confirmed after fruitful international talks in Vienna produced a principle agreement between rival factions to form a UN-backed unity government. Libyan official sources said oil exports from the port of Marsa el-Hariga would resume shortly, only two weeks after UN official Martin Kobler warned that ISIS’ attacks and its intention to control vital strategic areas were a serious threat to Libya’s oil installations.