Two rival Libyan governments claim to control oil policy

CAIRO/BENGHAZI, Libya, Oct 17 (Reuters) – A self-styled rival government controlling Libya’s capital announced its own oil policies this week, drawing a rebuttal from Prime Minister Abdullah al-Thinni who said oil revenues continued to go to the elected government.

Libya is in turmoil, with two competing governments vying for control after Operation Dawn, an umbrella of armed groups from the western city of Misrata, seized Tripoli in August, forcing Thinni’s government to withdraw to the east.

The Misrata-led forces have since formed their own rival parliament and government, which has taken over some ministries and effectively controls parts of western and central Libya, part of the turmoil three years after the ousting of Muammar Gaddafi.

Oil traders are concerned about the uncertainty over who is in charge of Libya’s vast oil reserves after the Misrata group appointed its own oil minister and took over the official website of state firm National Oil Corp (NOC)…

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