Senior Correspondent, Sudan and South Sudan
Ulf's Feed
Jan 29, 2015

Misrata feels economic pinch as Libyan infighting spreads

MISRATA, Libya, Jan 29 (Reuters) – A power struggle between
two rival governments that threatens to tear Libya apart has
started to take its toll on Misrata, an important shipping and
industrial hub that had shrugged off the turmoil until now.

Production at the country’s biggest steel works has been cut
and the port of Misrata has been forced to restrict operations.

Jan 26, 2015

Libya forces tanker away from supplying rival government

TRIPOLI, Jan 26 (Reuters) – Libya’s recognized government
said it forced a tanker from delivering fuel to its rival
administration, diverting the vessel to its own territory by
threatening an air attack on it.

The tanker Anwaar Afriqya was approaching the port of
Misrata, but diverted to Tobruk, a port official at the latter
said on Monday.

Jan 26, 2015

Libya producing 363,000 bpd of oil -rival minister

TRIPOLI, Jan 26 (Reuters) – Oil output from Libya, where
ports and oilfields have been shut due to fighting, has fallen
to 363,000 barrels a day with exports at about 200,000, the oil
minister appointed by forces in control of the capital Tripoli
told Reuters.

Two governments allied to armed factions are vying for
control of Libya four years after the toppling of leader Muammar
Gaddafi.

Jan 26, 2015

U.N. to hold new Libya talks, gunmen kidnap deputy foreign minister

BENGHAZI/TRIPOLI (Reuters) – A new round of talks between rival Libyan factions will take place in Geneva on Monday, the United Nations said, even as gunmen kidnapped the deputy foreign minister of the recognised government.

Nearly four years after a NATO-backed revolt ousted Muammar Gaddafi, Libya is in turmoil with two rival governments and two parliaments backed by armed factions who Western governments fear may drag the country into civil war.

Jan 22, 2015

U.N. condemns attack on Libyan central bank, demands inquiry

TRIPOLI, Jan 22 (Reuters) – The United Nations on Thursday
condemned a reported attack on an office of Libya’s central bank
in the eastern city of Benghazi, calling for an inquiry into the
incident that has complicated talks between the country’s
warring parties.

The U.N. last week brought together in Geneva some of
Libya’s rival factions in an attempt to negotiate an end to
their fight for control of the country four years after the
ousting of Muammar Gaddafi.

Jan 6, 2015

Libya pays heavy economic price as fighting takes toll

CAIRO (Reuters) – The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart.

With the oil price plunging and no sign of an end to hostilities, economic options are few. Experts say the bank, which is struggling to remain neutral amid the fighting, might have to devalue the currency sharply to meet the public payroll.

Dec 30, 2014

Fire at Libyan oil port destroys up to 1.8 million barrels of crude

BENGHAZI, Libya/CAIRO (Reuters) – A fire raging for almost a week at Libya’s biggest oil port of Es Sider has destroyed up to 1.8 million barrels of crude and damaged seven storage tanks, causing total damage of $213 million, a top oil official said on Tuesday.

The Es Sider terminal and nearby Ras Lanuf stopped working three weeks ago when forces loyal to a rival government in Tripoli tried seizing them from forces allied to the recognized Prime Minister Abdullah al-Thinni.

Dec 22, 2014

Libya fighting spreads to third oil port, 11 killed in Benghazi

BENGHAZI/TRIPOLI (Reuters) – Fighting between Libya’s competing governments has spread to a third oil port, curbing gas exports to Italy and cutting crude production to less than needed to cover the North African country’s own domestic requirements, officials said.

The OPEC producer is struggling with fighting on several fronts as brigades of former rebels who once battled side by side to oust Muammar Gaddafi in 2011 now clash for political power and a share of oil revenues.

Dec 20, 2014

Libya’s official government aims to set up new payment system for oil buyers

TRIPOLI (Reuters) – Libya’s internationally recognized government aims to set up a new payment system to receive oil revenues, bypassing the central bank based in Tripoli, the capital city that is no longer under its control, its top oil official said on Saturday.

The OPEC oil producer has had two parallel governments and parliaments since August when a group called Libya Dawn seized Tripoli, forcing the recognized administration of Prime Minister Abdullah al-Thinni to the east.

Dec 17, 2014

Libya conflict revives front lines from 2011 civil war

RAS JDIR, Libya, Dec 17 (Reuters) – His Kalashnikov across
his back, Libyan soldier Adel Howas rushed to the front line
when air strikes targeted his comrades at a border crossing with
Tunisia.

For Howas, it was a return to familiar territory from 2011
when he joined rebels in a NATO-backed uprising to topple
Muammar Gaddafi.

    • 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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