The UN warns that Libya's political instability and infighting could worsen the country's economic and security crisis, jeopardizing its oil production plans.
The situation in Libya has deteriorated over the past two months and it could get worse still unless the warring factions manage to agree on a unified government. This is according to the UN’s special envoy for Libya , Stephanie Khoury , who spoke at the Security Council this week.
“In the absence of renewed political talks leading to a unified government and elections you see where this is heading - greater financial and security instability, entrenched political and territorial divisions, and greater domestic and regional instability,” Khoury also told the Security Council. The political situation in the country is making its plans to boost its crude oil production rather challenging.
UN Stephanie Khoury Political Instability Civil War Oil Production Sharara Oil Field Force Majeure Economic Crisis Security Concerns
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