Highlights Sources warn that an LNA-led oil blockade could be imminent Delayed payments from GNU to eastern PFG raise stakes Libyan production back to near 1.2 million b/d after almost a month Libyan oil output was back to a one-month high of just under 1.20 million b/d, after weeks of sliding output, sources close to the matter said Jan. 17.
But with Libya’s political stability still hanging in the balance due to delayed elections, analysts expect the North African oil producer to suffer more supply disruptions and oil blockades. Sources told S&P Global Platts there could be an oil blockade in the eastern oil fields and ports, coordinated by the self-styled Libyan National Army, due to delayed payments from Tripoli to eastern forces loyal to its general Khalifa Haftar. Libyan crude production had fallen to […]