TRIPOLI/LONDON (Reuters) – A North Korean-flagged oil tanker tried to dock at Libya’s Es-Sider oil port seized by armed protesters who have threatened to sell oil independently unless they get political autonomy from Tripoli, Libyan officials said on Wednesday.
It was not immediately clear whether the Morning Glory tanker wanted to load oil when it approached the port on Tuesday, but any attempt to get crude to world markets independently would be an escalation of a blockade that has slashed Libya’s vital oil exports.
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
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.
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.
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.”
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.
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
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.
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.
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.
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.
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.