Senior Correspondent, Sudan and South Sudan
Ulf's Feed
Mar 5, 2014

Power struggle disrupts oil port in Libya’s far east

TOBRUK, Libya, March 5 (Reuters) – If anyone understands the
deep divisions over how to resolve the blockade of Libya’s
eastern Hariga oil port, it is the family of local mayor Faraj
Yassin.

Protesters shuttered the 110,000-barrel-per-day port last
summer to pressure a government struggling to impose order three
years after Muammar Gaddafi’s demise.

Mar 4, 2014

Libya-Egypt border suspicions hit Tobruk’s trade

TOBRUK, Libya, March 4 (Reuters) – Mutual suspicion with
neighbour Egypt threatens to halt a revival in the fortunes of
Libya’s eastern port of Tobruk, officials there said.

New restrictions on travellers and goods passing the nearby
land border are hitting container volumes, said Nasser Zgogo,
operations manager at the port.

Feb 25, 2014

Rockets rain on Libyan power plant as militias battle

TRIPOLI (Reuters) – More than 100 rockets fired in clashes between rival government-paid militia have knocked out a power plant in southern Libya, heightening the risk of summer blackouts, the electricity minister said on Tuesday.

“This is the chaos Libya lives in,” the visibly-annoyed minister, Ali Mohammed Muhairiq, told a televised news conference. “The plant was hit by dozens of rockets, by 120 rockets. I don’t know whether we will be able to repair it before summer and Ramadan.”

Feb 25, 2014

Libyan militias hit power plant with rockets, blackouts possible

TRIPOLI, Feb 25 (Reuters) – More than 100 rockets fired by
government-payrolled rival gunmen rained down on a Libyan power
plant and electrical blackouts could result this summer, the
country’s electricity minister said on Tuesday.

The North African country is in turmoil as militiamen and
tribespeople who helped topple Muammar Gaddafi three years ago
refuse to disarm.

Feb 24, 2014

Libya puts ministries under special budget rules after oil revenue slump

TRIPOLI, Feb 24 (Reuters) – Libya has put some government
departments under special spending rules as a slump in oil
revenue has hampered drafting a budget for this year, officials
and experts said, highlighting the dire situation of its public
finances.

A wave of protests at oilfields and ports have knocked oil
production down to 230,000 barrels per day (bpd) from 1.4
million bpd in summer, which has hit public finances as oil
exports are the sole foreign currency earner.

Feb 23, 2014

Libya struggles to pay bills as protests slash oil revenues

TRIPOLI (Reuters) – Some Libyan government ministries are struggling to cover expenditures because of budget problems, a minister said on Sunday after protesters shut down another vital oilfield in the OPEC producer.

In the latest sign of turmoil gripping Libya since Muammar Gaddafi’s ouster in 2011, heavy shooting near the General National Congress (GNC) building interrupted a national parliament session and forced legislators to evacuate.

Feb 23, 2014

Libya warns of budget problems as protests slash oil revenues

TRIPOLI (Reuters) – Some Libyan government ministries are struggling to cover expenditures because of budget problems, a minister said on Sunday after protesters shut down another vital oilfield.

Militias and armed protesters who helped topple Muammar Gaddafi in 2011 have seized ports and oilfields over the last seven months to press demands on the central government. Oil and gas exports are the sole source of the government budget and to fund food imports.

Feb 23, 2014

Seeking cheap stocks, chaos no problem? Try Libya

TRIPOLI (Reuters) – Investing in Libyan stocks may sound like an absurd idea at a time when the North African country is descending into chaos and armed militias seize oil ports or ministries at will.

Ever since the ouster of Muammar Gaddafi in 2011, Libya’s government has been struggling to establish law and order and assert control over a vast desert nation awash with arms.

Feb 20, 2014

Libyans vote for constitution body amid bombs, tensions

TRIPOLI (Reuters) – Explosions rocked five polling stations in eastern Libya on Thursday as voters began electing a body to draft a new constitution, another step in the OPEC producer’s rocky transition since Muammar Gaddafi fell in 2011.

Nobody was wounded in the dawn bomb attacks in the restive town of Derna, residents said, but the incident highlighted the volatile situation in the North African country.

Feb 19, 2014

Libyans vote for constitution body amid rising political tensions

TRIPOLI, Feb 20 (Reuters) – Libyans head to the polls on
Thursday to elect a body to draft a new constitution, marking a
step in the country’s transition after the overthrow of dictator
Muammar Gaddafi in 2011.

Western powers hope a peaceful vote will help move the North
African country a bit closer towards democracy but it comes at a
time of heightened political tensions.

    • 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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