After a year of closure, three Libyan oil ports have re-opened as a result of a unity government arriving in Tripoli, according to the Wall Street Journal.
The ports were closed due to a split between two governments in the Eastern and Western parts of Libya, followed by a dispute between the Petroleum Facilities Guard and one of the two rival governments.
Ali al-Hassi, a Spokesman for the Petroleum Facilities Guard, said: “We are planning to reopen the ports. It’s under the control of the unity government now.”
According to Bloomberg, the dispute between the East and West sparked a significant fall in oil output of around 400,000 barrels of oil per day in the Port of Zueitina at the end of 2015.
Despite being a relatively new country, Libya has been able to establish itself as a reliable international partner to the West, after playing a critical role in the 1973 oil crisis, according to Business Insider.
