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Libya unity govt loses third oil port to rivals

Libya's two key oil export terminals are Ras Lanuf and Al-Sidra, 650 kilometres (400 miles) east of the capital, which are together capable of handling 700,000 bpdLibya’s UN-backed unity government lost control on Monday of a third oil port seized by rival forces, raising fears of a major outbreak of fresh violence in the chaos-ridden country. The loss comes after fighters backing a rival administration in east Libya seized two other terminals from guards loyal to the Tripoli-based Government of National Accord (GNA) on Sunday. All three Mediterranean ports are in Libya’s “oil crescent”, an area seen as a vital source of income for the GNA which has struggled to assert its authority across the country.

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