Tag Archives: Libya

The head of Libya’s state energy company said the war-torn country would resume crude oil exports for the first time in six months, state-run Anadolu news agency said. Since the beginning of the year, forces of rebel General Khalifa Hasftar’s self-styled Libyan National Army (LNA) have blocked oil production and …

Libya will export two oil cargoes totaling 1.2 million barrels in July — a third less than in June — as forces opposed to the Tripoli-based government continue to block shipments from most of the OPEC member’s ports. The Bouri and Farwah terminals will each ship one cargo of 600,000 …

The Foreign Ministry of Libya’s UN-backed government on Saturday said that there are “mercenaries” allied with the rival eastern-based army shutting down oil exports inside oilfields and ports. “The Foreign Ministry followed up reports and information confirming presence of foreign mercenaries of the Russian Wagner, Janjaweed, and other mercenaries inside …

OPEC is to exempt Libya from a plan to slow down oil production for a period of two months, starting next May, due to the production lost through the closure of ports and fields by pro-Haftar militias east of Libya. The oil-exporting countries, with the exception of Mexico, have agreed …

Libya’s National Oil Corporation (NOC) on Friday called for reopening the country’s oil fields and ports, closed in January by tribal leaders in protest against the UN-backed government. “We call on those responsible for the closure to immediately lift the blockade and spare oil sector workers and citizens further suffering,” …

Libya was currently producing around 121,000-123,000 b/d because of the blockade.

Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.

Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar. likening the closures to a bullet in the head.

The European Union’s foreign policy chief said member states will need to take a more active role in Libya if yesterday’s peace conference in Berlin is to bring stability to the country and help get its oil flowing again.

The Libyan situation is further complicated by recent developments in the East Mediterranean.