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Libyans urged to work together to restore oil industry

Petrochemicals

Libyans have been urged to work together to restore the countrys oil production industry in a joint statement by six governments

The Governments of France, Germany, Italy, Spain, the United Kingdom, and the United States have urged all Libyans to work together and encouraged Libyan resource wealth being used 'for the benefit of all Libyans'.

The joint statement referred to Governing Principles of the Libyan Political Agreement (LPA) signed on 17 December 2015, as well as UN Security Council Resolution 2259 (2015).

Countries reaffirmed their readiness to use, at the request of the Government of National Accord, all measures set out in resolution 2146 (2014), to halt the illicit shipment of oil from Libya and to sanction those who seek to exploit or divert Libya’s oil or oil wealth.

Libya is torn between rival groups including Islamic State after civil war, and Governments importing oil from Libya are worried that oil wealth is being used to fund global terrosim. 

Governments also urged national economic institutions, including the Central Bank of Libya, National Oil Corporation, and Libyan Investment Authority, to remain united under the sole stewardship of the GNA.