Libyan Oil Revenues Fall to Zero as Ports Blocked
Libya's vital oil revenues fell to zero in January, the central bank said on Monday, after forces and tribesmen allied to eastern commander Khalifa Haftar blocked major oil ports.Haftar is embroiled in a conflict with the internationally recognized government in Tripoli and has been trying to seize the capital by force since April.Tribesmen and forces loyal to him closed all eastern ports and major fields last month in a power play…
NOC Condemns Calls for Oil Export Terminals to be Shut
Libya's state oil firm NOC on Friday condemned calls to shut oil export terminals in eastern Libya controlled by military commander Khalifa Haftar ahead of a summit in Germany where he will face pressure to halt his campaign to take the capital.Tribal leaders in eastern and southern Libya called on Thursday to shut the terminals in protest at what they called the internationally…
Oil Rises as Outages Balance Trade Dispute, OPEC
Oil prices rose on Tuesday, supported by production losses in Canada, Libya and from the Neutral Zone between Saudi Arabia and Kuwait, but under pressure from higher supply from elsewhere in OPEC and escalating trade conflicts.Brent crude was up 45 cents at $75.18 a barrel by 1335 GMT. U.S. light crude was 65 cents higher at $68.73.Kuwait's energy minister said on Tuesday…
Libyan Commander's Seizure of Oil Ports Risks New Conflict
Libyan forces loyal to eastern commander Khalifa Haftar said on Monday they had tightened their control over four major oil ports, casting a Western-backed project to unite Libya and revive oil exports into deep uncertainty. Haftar's forces met little resistance as they seized the terminals at Ras Lanuf, Es Sider, Zueitina and Brega in an operation launched on Sunday, displacing…
Blacklisted Tanker Returns to Libya's Zawiya Port
A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed administration in Tripoli returned to the country on Saturday, after it was blacklisted by the United Nations, the state oil company said. The eastern government's parallel oil company had hoped to sell the cargo of 650,000 barrels, but the United Nations measure required states to ban it from entering any port.
Libya's Oil Output Down
Libya's oil production has dropped to 300,000 barrels per day, less than a quarter of what it produced before the 2011 fall of Muammar Gaddafi, mostly because of insecurity and closed pipelines, a top official said. The North African state is caught in a conflict between two rival governments and their armed allies -- one internationally recognised, and the other a self-declared administration that took over Tripoli last year.
Libya Warns Tankers Away from Ras Lanuf Port
Libya's recognized government warned its security forces would seize any tankers approaching the Ras Lanuf terminal without permission, saying any attempt to make oil deals with the rival government in Tripoli would be "piracy". The warning over Ras Lanuf illustrates how the OPEC country's oil industry is caught up in a power struggle between the two rival governments and their armed forces, who have each appointed competing figures in the state oil company.
Reopening Date of Libya Oil Ports Uncertain
It is too early to say when Libyan oil ports Es Sider and Ras Lanuf can reopen after a force loyal to a self-declared Tripoli government pulled out troops from frontlines near to the terminals, an oil official said on Monday. Security and technical checks needed to be conducted first, the official said, asking not to be named. Reporting by Feras Bosalum
Libya Reopens Oil Port After Strike
Libya reopened its oil port of Hariga on Tuesday, ending a strike by guards that had threatened to further slash exports as rival factions fight for control of the OPEC country. The threat to shut down Hariga underlined the fragility of oil shipments as two competing governments and their armed allies are locked in a scramble for territory and petroleum wealth. Hariga reopened…
Port Battle Underscores Possible Libya Break-Up
Armed factions deploying heavy weapons. Peace talks making little progress. Hidden behind a pile of sand, a tank points its gun towards Libya's biggest oil port on the other side of an invisible frontier that now divides the north African nation. Factions fighting for control of Libya and its oil wealth have moved columns of heavy weapons to this new front line running through the middle of the country…
New Fighting for Libyan Oil Ports
New clashes erupted on Tuesday between rival factions fighting for control of Libya's biggest oil ports Es Sider and Ras Lanuf, killing at least 10 people, the two sides said. The fighting came a day after the United Nations said it was seeking a ceasefire to pave the way for a new round of peace talks between factions operating two opposing governments, nearly four years after Muammar Gaddafi's overthrow.
Libya Returns Fuel Tanker to Rival Government
Libya's recognized government has released a tanker forced to dock at a port under its control after originally banning it from delivering fuel to its rival administration, a port official said on Tuesday. War planes forced the tanker Anwaar Afriqya to sail to Tobruk after it had originally approached the port of Misrata, the air force commander for the recognized Prime Minister Abdullah al-Thinni said on Monday.
Libya Forces Tanker Away from Supplying Rival Government
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. "Our planes are forcing an oil tanker to sail to Tobruk after it had been on the way first to Misrata…
Air Strikes on Port of Misrata
Forces loyal to Libya's internationally recognised government on Saturday staged air strikes on the commercial port of Misrata, a western city allied to a group that holds the capital Tripoli, both sides said. Fighting was also reported near the country's biggest oil export port located in the east, part of a struggle between troops loyal to two competing governments and parliaments.
Libya Containing Port Fire, Export Resumption in Question
Libya has made progress containing a fire at its largest oil port that has destroyed four days of the country's oil production but the damage to storage tanks will hamper efforts to resume exports, officials and industry insiders said. The fire at Es Sider, the country's main oil export terminal, has been blazing for a week and is a visible indication of the destructive…
Libyan Oil Port Re-Opening Delayed
Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port, a minister said on Sunday. Two weeks ago, the Tripoli government reached an agreement with rebels in the restive east to end their occupation of four oil ports which had halted vital exports.
Libya's Zueitina Oil Port Reopening Delayed
Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port, a minister said on Sunday. Two weeks ago, the Tripoli government reached an agreement with rebels in the restive east to end their occupation of four oil ports which had halted vital exports.
UPDATE: After Deal, Libya's Ports Prep to Load Oil Tankers
ZUEITINA PORT, Libya/TRIPOLI, April 7 - Libya's Zueitina oil port prepared on Monday to load crude into tankers after the government reached a deal with rebels to reopen four terminals that insurgents have occupied since the summer. The federalist rebels agreed on Sunday to end gradually their eight-month blockade of Zueitina, Hariga, Ras Lanuf and Es Sider ports, which account for around 700,000 barrels per day of the OPEC country's crude exports.
Libya's Ports Prepare to Load Oil Tankers
Libya's Zueitina oil port prepared on Monday to load crude on tankers after the government reached a deal with rebels to reopen four terminals that insurgents have occupied since summer. The federalist rebels agreed on Sunday to end gradually their eight-month blockade of Zueitina, Hariga, Ras Lanuf and Es Sider ports, which account for around 700,000 barrels per day of the OPEC country's crude exports.
