Senior Correspondent, Sudan and South Sudan
Ulf's Feed
Apr 2, 2014

Libya says could reach deal in two-three days to open oil ports

TRIPOLI (Reuters) – Libya could finalise an agreement in two to three days with rebels to reopen key oil ports, a government spokesman said on Wednesday, bolstering hopes for an end to an eight-month standoff that dried up petroleum revenue.

Brent crude oil prices have fallen sharply since rebel leaders said their group would reach a deal within days to end the blockade of three ports that previously accounted for 600,000 barrels per day of Libyan crude exports.

Apr 2, 2014

Libya says could reach deal in 2-3 days to open oil ports

TRIPOLI, April 2 (Reuters) – Libya could finalise an
agreement in two to three days with rebels to reopen vital oil
ports, a government spokesman said on Wednesday, bolstering
hopes for an end to an eight-month stalemate that has dried up
oil revenue.

On Tuesday, rebel leaders said their group would reach an
agreement within days to end the blockage of three ports that
previously accounted for 600,000 barrels of oil exports a day.

Apr 2, 2014

East Libyan rebels to end oil port blockage within days -senior leader

TRIPOLI (Reuters) – A rebel group in eastern Libya has agreed with the government to end its seizure of vital oil ports within days, a senior leader told Reuters on Tuesday, raising hopes for an end to an eight-month stalemate that has dried up state income and fuelled chaos.

There was no immediate comment from the Tripoli government which has been trying since summer to end the blockage of three eastern ports, which previously accounted for more than 600,000 barrels a day of oil exports.

Apr 1, 2014

East Libyan rebels say agree to end oil port blockage within days

TRIPOLI (Reuters) – A rebel group in eastern Libya has agreed with the government to end its seizure of vital oil export ports within days, a senior leader told Reuters on Tuesday, raising hopes to end an eight-month stalemate drying up state income and fuelling chaos.

There was no immediate comment from the Tripoli government which has been trying since summer to end the seizure of three eastern ports, which previously counted for more than 600,000 barrels of day.

Mar 31, 2014

East Libyan rebels close to deal to reopen ports -state media

TRIPOLI (Reuters) – Rebels in eastern Libya are close to reopening three oil ports they have occupied since the summer to press Tripoli for autonomy and a greater share of oil revenue, a leader from the rebels’ tribe told state media on Monday.

The comments, the most optimistic for months, came after the government met a rebel demand to release three of their fighters who boarded a tanker loading oil at a rebel-held port in an attempt to get it to markets. They were captured when U.S. forces boarded the rogue ship and returned it to Tripoli.

Mar 31, 2014

Libya burns cash, halts projects to battle budget crisis

TRIPOLI (Reuters) – Libya is burning through central bank reserves and scrapping infrastructure projects to overcome its worst budget crisis in decades after the seizure of oil installations by armed groups has reduced the government’s income almost to zero.

Oil exports – Libya’s lifeline – fell to less than 100,000 barrels a day last week after militiamen shut down two large oilfields, compounding closures of ports in the east by rebel groups campaigning for regional autonomy.

Mar 30, 2014

Insight: Armed militias hold Libya hostage

TRIPOLI (Reuters) – When a militia holding Libya’s eastern ports loaded a North Korean-flagged tanker with oil earlier this month, the Libyan parliament sacked its own prime minister and turned to U.S. commandos to bring its cargo back.

For days the government had threatened to blow up the tanker, called Morning Glory, if it left port. When it sailed off, pro-government militiamen even gave chase on boats carrying jeeps mounted with anti-aircraft and cannons.

Mar 30, 2014

Armed militias hold Libya hostage

TRIPOLI, March 30 (Reuters) – When a militia holding Libya’s
eastern ports loaded a North Korean-flagged tanker with oil
earlier this month, the Libyan parliament sacked its own prime
minister and turned to U.S. commandos to bring its cargo back.

For days the government had threatened to blow up the
tanker, called Morning Glory, if it left port. When it sailed
off, pro-government militiamen even gave chase on boats carrying
jeeps mounted with anti-aircraft and cannons.

Mar 27, 2014

Exclusive – Trapped at sea, tanker captain craved salvation from Libya rebels

TRIPOLI (Reuters) – Pakistani sea captain Mirza Noman Baig knew he was trapped when dozens of fighters armed with rifles boarded his tanker just off a rebel-held port on Libya’s coast.

A militia from the country’s restive east forced his crew to load oil onto Baig’s vessel, the Morning Glory, and demanded they escape the navy before the ship was stormed by U.S. special forces on March 16, according to his account of events.

Mar 27, 2014

Trapped at sea, tanker captain craved salvation from Libya rebels

TRIPOLI (Reuters) – Pakistani sea captain Mirza Noman Baig knew he was trapped when dozens of fighters armed with rifles boarded his tanker just off a rebel-held port on Libya’s coast.

A militia from the country’s restive east forced his crew to load oil onto Baig’s vessel, the Morning Glory, and demanded they escape the navy before the ship was stormed by U.S. special forces on March 16, according to his account of events.

    • 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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