The political drama surrounding Libya’s oil sector intensified this week, as the brinkmanship between Tripoli and a self-declared eastern regional government escalated after the navy fired on a tanker it accused of trying to lift oil from a terminal controlled by the secessionists.

At the same time, Libya’s crude output more than doubled with the ramp up of a key oilfield in the west, and exports from the terminal of Zawiya are imminent. (CONTINUED - 1037 WORDS)