Libya’s Oil Sector Descends Into Chaos As Deputy-Minister Resigns

The resignation of Libya’s deputy oil minister, Refaat al-Abbar, last week threatens to make the current uneasy situation in Libya’s oil sector even worse. With close ties to the Benghazi-based Libyan National Army (LNA) and to the Tripoli-based Government of National Unity (GNU), he is regarded as a trusted figure by both sides in the country’s ongoing civil war. He is also seen by potential foreign investors as an important figure for some semblance of stability in the country that may have presaged renewed international investment…