Libya’s Oil Production Set to Resume on October 1

After last week’s deal on the leadership of the Central Bank, Libya is set to resume crude oil production on October 1, Italian news agency Agenzia Nova reported on Monday, citing Libyan parliamentary sources. Crude production at most Libyan oilfields has been suspended for over a month after the country’s eastern and western administrations clashed over who should be governor of the Central Bank of Libya. At the end of last week, the rival factions reached an agreement in UN-mediated talks over the election of the Central Bank’s…