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Transparency: lost in revolt

by Sarah Lynch

 More than one million barrels of rebel-controlled crude oilleft the Libyan city of Tobruk on a tanker headed to Asia in early April. Libya’s National Transitional Council (NTC), the Libyan rebel’s interim government, received $129 million for the sale, according to the newly appointed head of Libya’s National Oil Corporation (LNOC), Wahid Bugaighis. This was the council’s first, and at the time of writing, only sale of oil as the nation’s civil war drags on. The deal reached between the rebel government and Qatar stipulates that Qatar will market rebel-controlled oil abroad; the first shipment was bought by the Swiss company Vitol, one of the world’s largest independent energy traders. But weeks after the shipment left from the rebel-held city, home to the only functioning export terminal in the oppositions’ hands, only afew knew where, how and when the money was (or will be) spent. The lack of transparency surrounding

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