TRIPOLI (Reuters) – Payments problems, chaos and corruption are hampering Libyan importers from making big deals to buy wheat, another setback as the country spins out of control two years after dictator Muammar Gaddafi was toppled by rebels and NATO warplanes.
In the latest disruption, the biggest wheat importer Mahatan Tripoli, which supplies most of the capital’s bread, says it may have to put off its next major wheat purchase unless the state starts paying it nearly $100 million owed for previous imports.
TRIPOLI, Nov 6 (Reuters) – Payments problems, chaos and
corruption are hampering Libyan importers from making big deals
to buy wheat, another setback as the country spins out of
control two years after dictator Muammar Gaddafi was toppled by
rebels and NATO warplanes.
In the latest disruption, the biggest wheat importer Mahatan
Tripoli, which supplies most of the capital’s bread, says it may
have to put off its next major wheat purchase unless the state
starts paying it nearly $100 million owed for previous imports.
TRIPOLI (Reuters) – Libyan militia fighters on the government payroll fought each other with rifles, grenades and anti-aircraft weapons on the streets of Tripoli on Tuesday in the worst clashes in the capital in weeks.
No one was killed, but the fighting underlined how Libya’s government is finding it harder to contain former fighters and Islamist militants in a country awash with weapons two years after Muammar Gaddafi’s fall.
TRIPOLI (Reuters) – Heavy fighting between militias using rifles, grenades and anti-aircraft weapons erupted in several parts of Tripoli on Tuesday in the worst violence in the Libyan capital for weeks.
Fighting started in Tripoli’s eastern Suq al-Juma district and a central area where two burned out pick-ups belonging to a militia on the government payroll could be seen. Libyan news websites said at least one person had been wounded.
TRIPOLI, Oct 29 (Reuters) – Gunmen rob millions from Libya’s
central bank. Boatloads of protesters storm an oil terminal like
pirates. Tribesmen block a port – and contradict the prime
minister when he tells the nation it will reopen soon.
Libyans have become accustomed to chaos in a country flooded
with weaponry where militias and tribes call the shots, two
years after NATO bombing helped rebels topple Muammar Gaddafi.
LONDON/TRIPOLI, Oct 28 (Reuters) – Libya’s efforts to end a
three-month stranglehold on its oil industry were dealt a
significant blow when exports dropped to 20 percent of capacity
following new protests at the weekend at major western fields
The OPEC producer’s crude oil exports have fallen to less
than 250,000 barrels per day, according to Reuters calculations,
compared with a capacity of around 1.25 million bpd and around
500,000 bpd earlier this month.
TRIPOLI (Reuters) – Libya is considering the sale of a steel plant and eight other state companies as part of efforts to overhaul an inefficient industrial sector, a government minister said.
Outside its wealthy oil sector, Libya’s economy is hampered by inefficiency, a lack of private capital and bureaucracy, the legacy of decades of state control during the era of Muammar Gaddafi.
BREGA, Libya, Oct 27 (Reuters) – For Libyan militia leader
Ibrahim al-Jathran, shutting down half the country’s oil
production with an armed militia is not a crime, it is the start
of a just battle for a fair share of country’s petroleum wealth.
From his base near the Mediterranean oil terminal of Brega,
the 33-year-old war hero from the uprising against Muammar
Gaddafi has taken control of the main oil ports to demand more
autonomy and oil for his eastern region from faraway Tripoli.
TRIPOLI (Reuters) – U.S. firm Marathon Oil (MRO.N: Quote, Profile, Research, Stock Buzz) will continue operating in Libya after giving up plans to sell its stake in Waha Oil Company, Oil Minister Abdelbari Arusi said on Saturday.
Two years of turmoil after the overthrow of leader Muammar Gaddafi, as well as tough contract terms, have prompted oil companies to reassess their role in the North African country, but the government has been keen to keep them.
TRIPOLI (Reuters) – When gunmen snatched Libyan Prime Minister Ali Zeidan from his Tripoli hotel last week, it was a rival armed militia he thanked for his rescue hours later.
Even for Libyans accustomed to their democracy’s unruly beginnings, the drama at the Corinthia Hotel was a startling reminder of the power former fighters wield two years after they ousted Muammar Gaddafi, and the dangers of their rivalry.