The federalist movement that controls much of eastern Libya has raised hopes over renewed exports from three key oil terminals after announcing it has agreed to end the blockage of the export facilities.

Militia supporting the Political Bureau of Cyrenaica (PBC), a self-declared federal government for Libya’s eastern region, have prevented exports from the oil-rich part of the country since last July, causing production and government revenues to slump. (CONTINUED - 1045 WORDS)