The systems that once maintained Libyaโs status quo are now beginning to fail, with the Boulos process attempting to create a new one. Yet the competing drives to move forward and keep things the same are increasingly at odds, sometimes with violent consequences.
SANAD's operation marks a milestone in the country's efforts to improve transparency, strengthen financial governance, and attract international capital.
A political battle has broken out in Tripoli over control of the Libyan Intelligence Agency, which has become a fault line that risks escalating in western Libya, with broader repercussions in eastern and western relations at a time when the U.S. is pushing forward with a new unity deal.
Libyaโs long-standing status quo is finally seeing its first potential shake-up in years, which could have major repercussions for the countryโs future.
For months, it seemed like BGN had been pushed out of Libya. However, according to multiple industry sources, the Swiss-based crude trader is still operating through a network of aligned entities designed to reduce visibility.
