Libyan military strongman Khalifa Haftar, who backs the politically-split country’s eastern administration, has threatened military action unless oil revenues are divided fairly by the end of August 2023. In an address to his officers on Monday, Haftar said a committee must be established “to put in place financial arrangements with a view to fair management of public funds” and oil revenues. Speaking in Rajma near Benghazi, Haftar announced “a deadline at the end of August for this committee to complete its mission”. Oil revenue is managed by Libya’s National Oil Corporation and central bank, both based in Tripoli. Groups close to the eastern camp disrupted operations at six oil fields and export terminals over demands for a more “equitable distribution” of hydrocarbon revenues.

Source: Libya Today July 05, 2023 02:57 UTC