File - Pipelines are seen at the Zueitina oil terminal in Zueitina, west of Benghazi April 7, 2014. REUTERS/Esam Omran Al-Fetori
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A struggle has broken out for control of Libya's state-run energy sector as rival governments in Tripoli and the east compete for power, but a common interest in maintaining oil revenues will keep exports flowing for now. The OPEC producer has had two governments and parliaments since an armed group took control of Tripoli in August, appointing its own prime minister and taking over ministries as the country disintegrates three years after the fall of Moammar Gadhafi.Libya's internationally recognized government was forced to move to the eastern city of Bayda when the gunmen drove them out of the capital in the summer. Libya is divided between a rump state in the east, where Thinni's government and the elected parliament hold court, while Tripoli and central Libya are held by brigades allied to the western city of Misrata, which have taken control of the capital and set up an alternative parliament.Another potential difficulty is that the struggle to control the National Oil Corporation and the central bank might make foreign traders reluctant to buy Libyan oil if they cannot figure out who owns it.Husni Bey, head of one of Libya's largest private conglomerates, said the poor state of the public finances due to armed men disrupting oil production earlier this year, and a fall in oil prices, had forced all sides to cooperate in order to keep oil sales going.
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