Senior Correspondent, Sudan and South Sudan
Ulf's Feed
Jan 18, 2014

Libya sends troops to restive south; armed forces on alert

TRIPOLI (Reuters) – Libya ordered troops to the restive south on Saturday after gunmen stormed an air force base, and parliament put the armed forces on alert following days of skirmishes between rival tribesmen and militias.

Highlighting turmoil in the North African country, two Italian construction workers were kidnapped by unknown attackers in the east.

Jan 8, 2014

Libya will sue, cut off firms buying oil from seized ports

TRIPOLI, Jan 8 (Reuters) – Libya will take to court any
foreign firms trying to buy oil from eastern ports seized by
armed protesters and stop doing business with them, its oil
minister said on Wednesday.

Tensions between the Tripoli government and an armed
grouping controlling three eastern oil ports escalated when the
navy fired on Sunday at a tanker trying to load crude in
Es-Sider, one of the occupied terminals.

Jan 8, 2014

Libya’s PM warns may sink oil tankers nearing east ports

TRIPOLI (Reuters) – Libyan Prime Minister Ali Zeidan warned oil tankers to stay away from eastern terminals seized by armed protesters or they could be sunk, as a confrontation over control of Libya’s crude escalated.

The warning came on Wednesday after Libya’s navy fired warning shots at the weekend to ward off a tanker that the state-run National Oil Corp. (NOC) said had attempted to load crude at one port that has been out of government control for six months.

Jan 6, 2014

Libyan navy opens fire after tanker approaches mutinous port

TRIPOLI (Reuters) – Libya’s navy opened fire after a Maltese-flagged oil tanker approached to illegally load crude at a port that has been controlled for months by armed protesters demanding more autonomy from Tripoli, officials said on Monday.

The use of force to prevent protesters at eastern ports from shipping oil to world markets independently is a major escalation in a blockade that has already slashed oil exports and revenues for the OPEC member state.

Jan 6, 2014

Libya says aims to run economy, banking system on Islamic lines

TRIPOLI (Reuters) – Libya will transform its banking and economic system to comply fully with Islamic law that bans interest payments, the economy minister and other officials said on Monday, but they gave scant details on how the plans would be implemented.

Under Muammar Gaddafi, who was overthrown in 2011, the growth of Islamic banking was not encouraged and four state-controlled institutions dominated the relatively undeveloped financial sector of the OPEC oil producer.

Jan 6, 2014

Libya says navy blocks oil tanker at mutinous eastern port

TRIPOLI, Jan 6 (Reuters) – Libya’s navy has blocked an oil
tanker from illegally loading crude at an eastern port that has
been held for months by armed protesters demanding more autonomy
from Tripoli, officials said on Monday.

“The navy fired warning shots to show that they were
serious,” a Libyan National Oil Corp (NOC) official, who
declined to be named, told Reuters.

Jan 5, 2014

Libya restarts El Sharara oilfield but new protest erupts in west

TRIPOLI, Jan 5 (Reuters) – Libya has restarted oil
production at the southern El Sharara field with an initial
output of 60,000 barrels per day (bpd) after protesters ended a
blockade, the state-run National Oil Corp (NOC) said on Sunday.

But in a new sign of trouble, protesters blocked an oil
pipeline in western Libya, adding to disruptions that have
slashed Libya’s oil production to 250,000 bpd from 1.4 million.

Jan 4, 2014

Libya budget crisis looms as oil strikes wipe out finances

TRIPOLI, Jan 4 (Reuters) – As strikes at Libyan oil ports
run into a sixth month, reducing government income to a trickle,
a budget crisis could be just around the corner for a country
wearily accustomed to chaos since the popular revolt that ousted
Muammar Gaddafi.

The government, when it is not grappling with militias who
occupy ministries and take over oil facilities at will, warns
that it might be unable to pay wages, while power cuts are
commonplace.

Dec 24, 2013

Libyan steel maker sees slight output rise as power problems persist

MISRATA, Libya, Dec 24 (Reuters) – The Libyan Iron and Steel
Company (Lisco) is planning slightly higher overall production
next year, its chairman told Reuters, but shortages of
electricity and gas will continue to disrupt its recovery
following the country’s civil war.

Chairman Mohamed Abdelmalik al-Faqih said that despite
problems in producing base liquid steel, the company would
expand its capacity in finished products in 2014, and was
seeking a new market in Algeria while demand in Egypt and
southern Europe remains weak.

Dec 19, 2013

Libya steps up fuel imports as strikes hobble refinery

ZAWIYA, Libya, Dec 19 (Reuters) – Libya is stepping up fuel
imports, with four tankers queuing at one port as the OPEC
producer’s second-largest refinery is running at only half its
capacity due to oilfield strikes, a senior official said.

A mix of militias, tribesmen and civil servants demanding
political rights or a greater share of Libya’s oil wealth have
occupied several oilfields and ports, cutting exports to 110,000
barrels per day (bpd) from over 1 million bpd in July.

    • 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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