Libya Oil Closure a ‘Bullet in the Head,’ Says Bank Governor
- Kabir says international community should push to end crisis
- Oil ports blockade by eastern commander enters its second week
Photographer: Abdullah Doma/AFP via Getty Images
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Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar, likening the closures to a “bullet in the head.”
It is too early to assess the damage from the blockade that’s halted crude exports from the OPEC country and forced the National Oil Corp. to declare a force majeure on supplies, Kabir said in an interview on Bloomberg Television. The shutdown comes after a year of economic growth and reforms in the war-torn country, which sits atop Africa’s largest oil reserves, he said.