In battle for Tripoli, Turkey has billions at stake
Selcan Hacaoglu| Bloomberg
Turkey’s support for Libya’s internationally backed government aims to salvage billions of dollars of business contracts thrown into limbo by the conflict and secure more leverage in the scramble for oil and gas in the Mediterranean, according to two Turkish officials. Turkey evacuated 25,000 workers during the NATO-backed uprising that ended Moammar Gadhafi’s four-decade rule in 2011. Libya has been in turmoil ever since, with rival governments in the east and west and dozens of militias vying for control of a country that’s home to Africa’s largest proven oil reserves.
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