Libya’s Oil Facilities, Central Bank and NOC May Not Be Out of the Woods Yet

We are closely watching Libya, as we have cautioned readers against pricing in stable oil production in Libya beyond the near-term. Rumors have been circulating via Libyan social media about the alleged resignation of the chairman of the board of the country’s National Oil Company (NOC), Farhat Bengdara. Rumors are wide and varied, ranging from source commentary that he is ill to speculation that he is no longer able to appease both the Haftar and Dbeibah clans (the family clans that essentially represent Libya’s rival eastern and western…