Reuters revealed that a Libyan company linked to Khalifa Haftar, has exported oil worth at least $600 million since May 2024.
The agency, citing United Nations experts and shipping records, stated that this export marks the end of the National Oil Corporation’s monopoly on crude oil exports.
“The shipments by the little-known Arkenu Oil Company, which was set up in 2023, are the first by a private Libyan company and mean some of the country's oil revenue is likely being channelled away from the Central Bank of Libya”, according to Reuters.
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