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OIL AND GAS
HRW: Political fractures an economic risk for oil-rich Libya
by Daniel J. Graeber
Washington (UPI) Mar 21, 2018

Oil-rich Libya is risking economic opportunities with its fractured political landscape, Human Rights Watch said in calling for improvements.

Libya fractured along multilateral lines in the wake of civil war in 2011 that culminated with the death of long-time ruler Moammar Gadhafi. After general elections in 2014, the country was split with two governments vying for control.

"Armed groups have, since then, kidnapped, arbitrarily detained, tortured, forcibly disappeared, and killed thousands of people, with impunity," Human Rights Watch said in a statement Wednesday. "The protracted conflicts have decimated the economy and public services, and internally displaced 165,000 people."

Last week, the U.N. Support Mission in Libya expressed concern about ongoing violence in the southern city of Sabha, saying the conflict was putting the nation's infrastructure at risk.

General elections are scheduled for this year, though Human Rights Watch said free and fair elections are unlikely in the current environment.

U.N. Special Envoy to Libya Martin Kobler said last year that Libyan oil production was on a clear road to recovery and the terrorist group calling itself the Islamic State, or Daesh, was a shadow of its former self. Nevertheless, the "fundamentals of the Libyan economy remain flawed," and general financial instability was an obstacle to reconstruction.

In January, the head of Libya's National Oil Corp., Mustafa Sanalla, said production was linked to the nation's recovery. Last week, he said any interruptions to NOC operations would be prosecuted.

Economists at the Organization of Petroleum Exporting Countries said Libyan production is near 1 million barrels per day. It ground to a halt in the wake of the fall of Gadhafi's government.


Related Links
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OIL AND GAS
Metal-organic frameworks cut energy consumption of petrochemicals
Lausanne, Switzerland (SPX) Mar 21, 2018
In the chemical and the petrochemical industries, separating molecules in an energy-efficient way is one of the most important challenges. Overall, the separation processes account for around 40% of the energy consumed in the petrochemical industry, and reducing this can help addressing anthropogenic carbon emissions. One of the most important products in the petrochemical industry is propylene, which is widely used in fibers, foams, plastics etc. Purifying propylene almost always requires separat ... read more

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