Libya’s National Oil Co. on Thursday warned against attempts to sell its crude oil illegally, amid mounting chaos in the oil industry. The news come after a string of attacks by purported members of the Islamic State against oil fields in the center of the country, which has already been rocked by a civil war between two rival governments. In a statement posted on its website, NOC said it had obtained “reliable sources of information in the oil market that some middlemen and brokers of unknown orientation were offering amounts of Libyan crude oil” without its approval. The state-run company, which has remained neutral in the conflict, threatened legal action at home and abroad against any buyer, referring to existing export bans from shutdown terminals Ras Lanuf and Sidra. The two eastern Libyan ports are controlled by oil guards loyal to warlord Ibrahim Jadran. Libya, once […]