Senior Correspondent, Sudan and South Sudan
Ulf's Feed
Apr 21, 2015

Libya’s official government has no luck selling oil bypassing Tripoli – sources

CAIRO/BENGHAZI, April 21 (Reuters) – Libya’s official
government has so far failed to sell oil on its own via an
account and middlemen in Dubai, as customers continue to buy
crude directly from a state oil firm under the control of a
rival government, oil sources said.

Libya’s internationally recognised Prime Minister Abdullah
al-Thinni said this month that oil sales would be routed though
a Dubai bank account belonging to a new state oil company
reporting to his government in the east.

Apr 21, 2015

Rival government reaping Libya oil revenue despite PM deal with Dubai: sources

CAIRO/BENGHAZI (Reuters) – Libya’s official government has so far failed to sell oil on its own via an account and middlemen in Dubai, as customers continue to buy crude directly from a state oil firm under the control of a rival government, oil sources said.

Libya’s internationally recognized Prime Minister Abdullah al-Thinni said this month that oil sales would be routed though a Dubai bank account belonging to a new state oil company reporting to his government in the east.

Apr 21, 2015

Old loyalties, religious cohesion may frustrate Islamic State in Libya

CAIRO (Reuters) – Islamic State’s executions of Christians show the group is exploiting Libya’s lawlessness but tribal and political loyalties and the absence of a sectarian divide mean it is unlikely to grow as rapidly there as in Iraq or Syria.

On Sunday, the militant group published a video purportedly showing the execution of 30 Ethiopian Christians in two locations in eastern and southern Libya, two months after it beheaded 21 Egyptian Copts there.

Apr 14, 2015

Discounts fail to lure oil buyers as Libya seeks to bypass Tripoli

CAIRO/BENGHAZI (Reuters) – Libya’s official government, holed up in the east after being forced to flee the capital, is struggling to sell crude oil under a new system it has devised in an attempt to bypass a rival administration in Tripoli.

Buyers are reluctant to take advantage of discounts on offer because they are unsure who exactly owns the oil being marketed by the eastern government, even though it is internationally recognized following an election last year, oil officials and insiders say.

Mar 23, 2015

East’s bid to control Libya oil wealth likely to fail

CAIRO (Reuters) – Libya’s official government, operating out of hotels in the east after being driven from the capital, is unlikely to succeed in plans announced last week to divert the country’s oil export income away from Tripoli.

Control over oil is at the heart of a struggle between two rival governments who are fighting for territory in the North African OPEC state four years after the ousting of Muammar Gaddafi.

Mar 23, 2015

Analysis – East’s bid to control Libya oil wealth likely to fail

CAIRO (Reuters) – Libya’s official government, operating out of hotels in the east after being driven from the capital, is unlikely to succeed in plans announced last week to divert the country’s oil export income away from Tripoli.

Control over oil is at the heart of a struggle between two rival governments who are fighting for territory in the North African OPEC state four years after the ousting of Muammar Gaddafi.

Mar 21, 2015

Air strike kills commander in force loyal to Tripoli government: official

TRIPOLI/CAIRO (Reuters) – An air strike by Libya’s internationally recognized government against the capital Tripoli on Saturday killed a senior commander in a force loyal to the rival government that controls the capital, a Tripoli official said.

The attack came a day after the official government said it had launched a military offensive to “liberate” Tripoli, which was seized by a group called Libya Dawn in August, reinstating a previous assembly.

Mar 17, 2015

Libya’s recognised government says oil sales must go through eastern firm

BENGHAZI/CAIRO, Libya, March 17 (Reuters) – Libya’s
internationally recognised government said on Tuesday that any
sales of the country’s oil should be arranged through a state
firm based in Benghazi under its leadership to prevent fraud.

If implemented, the decision would escalate a battle for
control that is raging, four years after the ousting of Muammar
Gaddafi, between the official government based in the east and a
rival administration in Tripoli.

Mar 11, 2015

Libya exports three oil tankers from western Mellitah port

LONDON/CAIRO, March 11 (Reuters) – Oil and condensate has
been exported at least three times from the Libyan port of
Mellitah since the start of this month, according to industry
sources and ship-tracking data, a surprise move with other
terminals in the west of the country largely shut.

The North African OPEC member is split between two rival
governments each allied to heavily armed groups that have been
fighting for control of the oil-producing nation since the fall
of Muammar Gaddafi in 2011.

Mar 10, 2015

Libya oilfield attack blow to U.N. peace talks

CAIRO (Reuters) – An attack by Islamist militants on a Libyan oilfield where they beheaded security guards and kidnapped foreign workers underlines the difficulties facing U.N.-sponsored peace talks due to resume this week.

Libyans have become accustomed to chaos, with their country split between two rival governments each allied to heavily armed groups that have been fighting for control of the oil-producing nation since the fall of Muammar Gaddafi in 2011.

    • About Ulf

      "I am Senior Correspondent, Saudi Arabia, covering from the Saudi capital Riyadh political, economic and social news and in-depth analyses from the world's top oil exporter and biggest Arab economy. I have also reported for Reuters from Kuwait, Yemen and Iraq."
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