#UAE wants to see a return of Libya's oil production with safeguards: minister - Reuters

UAE wants to see a return of Libya's oil production with safeguards: minister - Reuters:

The United Arab Emirates wants to see a return of Libya’s oil production as soon as possible but with safeguards in place to prevent proceeds from fuelling further conflict in the north African country, a senior Emirati official tweeted on Monday.

Libya has been divided since 2015 between areas held by an internationally recognised government in Tripoli, backed by Turkey, and a rival administration linked to the Libyan National Army (LNA) in Benghazi, backed by the UAE, Russia and Egypt.

Anwar Gargash, UAE minister of state for foreign affairs, did not directly address accusations by Libya’s National Oil Corp (NOC) on Sunday that the Gulf state had instructed forces it backs in Libya’s civil war to reimpose a blockade of oil exports.

Oilfields and export facilities are mostly in territory held by the LNA of eastern commander Khalifa Haftar. But an international agreement says that oil can only be exported by the Tripoli-based NOC, with payments going to the Central Bank there.