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Buffeted by Chaos, Libya Faces Energy, Budget Crunches

Already buffeted by lawlessness and seemingly unending political turmoil Libya is now facing budgetary and energy crunches, say top officials.   Libya’s oil production plummeted just over a week ago after armed groups shutdown a major oilfield in the southwest of the country, piling on a further challenge for the country’s beleaguered government, which has been unable to engineer an end to a seven-month oil blockade by unruly militias.   The shutdown of the el-Sharara oilfield...

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