Who Will Get Full Control Of Libya’s Oil Riches?
We are now at a crossroads in Libya where a military solution is temporarily off the table, as factions and their external allies wrangle over oil revenues–the distribution of which Continue Reading
We are now at a crossroads in Libya where a military solution is temporarily off the table, as factions and their external allies wrangle over oil revenues–the distribution of which Continue Reading
The UK has called for an end to the oil blockade in Libya and reaffirmed its support for state-owned oil producer National Oil Corp. as the only independent entity in Continue Reading
Highlights Force majeure clause still in place at key oil terminals Talks to restart production ongoing, revenue mechanism still being decided One tanker on way to load crude from Es Continue Reading
The leaders of groups affiliated with the Libyan National Army have offered to lift a blockade on oil export terminals that started in January and has so far cost the Continue Reading
Russia is sending reinforcements to Libya to help military leader Khalifa Haftar, who is on the defensive after a failed effort to topple the country’s United Nations-backed government, as Moscow Continue Reading
Libya’s Arabian Gulf Oil Co. will restart production at the eastern field of Messla this week, according to a person familiar with the matter. Agoco, as the company is known, will Continue Reading
Russian President Vladimir Putin and French counterpart Emmanuel Macron called on Friday for a ceasefire in Libya and a return to dialogue, the Kremlin said in a statement following a Continue Reading
The head of Libya’s state-owned oil company has called out foreign powers for meddling in the country’s oil sector, accusing them of preventing the North African producer from restarting production. Continue Reading
Russian and other foreign mercenaries entered the Sharara oilfield on Thursday evening to prevent the resumption of oil production at the largest Libyan oilfield. Early this month, NOC resumed production Continue Reading
Turkey scored a significant geopolitical win when the GNA successfully pushed Haftar out of Tripoli in early June. Now, the battle for Libya’s oil is focusing on Sirte, with Egypt Continue Reading
Egypt’s leader Abdel Fattah al-Sisi has threatened to intervene militarily in neighbouring Libya if Turkish-backed forces capture Sirte, a strategic port and gateway to important oil terminals. The warning adds Continue Reading
Last week, the Turks were still celebrating a presumed victory in Libya after General Haftar lost territory in and around Tripoli and the National Oil Company (NOC) went as far Continue Reading
The United States is investigating and trying to get to the bottom of reports that Libya’s eastern-based commander Khalifa Haftar’s plane was in the Venezuelan capital Caracas last week, a Continue Reading
The El Feel oilfield in Libya is shut down again, days after restarting production following months of blockade amid Libya’s civil war, engineers at the oilfield and the National Oil Continue Reading
Highlights NOC confirms closure of two key Western oil fields Brief closure at Mellitah gas complex due to Italy, Greece maritime deal More oil and gas disruptions likely as civil Continue Reading
Libya’s largest oil field reopened June 9 just a few hours after it had been shut by an armed group, underscoring the fragility of the country’s much-anticipated return to export Continue Reading
Libya’s National Oil Corporation (NOC) declared force majeure on exports from its Sharara oilfield on Tuesday, saying an armed group had shut production again just days after it had resumed. Continue Reading
LISTEN TO ARTICLE 2:27 SHARE THIS ARTICLE Share Tweet Post Email Libya is to export crude produced at two of its largest oilfields again after they had been halted for Continue Reading
Turkish President Tayyip Erdogan said he discussed the conflict in Libya with U.S. President Donald Trump in a phone call on Monday and that the two leaders agreed on “some Continue Reading
Libya’s largest oil field Sharara restarted production this weekend, after the 300,000 b/d site was shut-in for almost five months due to an oil blockade, stateowned National Oil Corp. said Continue Reading
A Russian drive to recruit Syrians to fight in Libya for militia leader Khalifa Haftar accelerated in May when hundreds of mercenaries were signed up, five Syrian opposition sources and Continue Reading
Forces of Libya’s U.N.-backed government seized control of the last remaining western stronghold of militia commander Khalifa Hifter on Friday, dealing a major setback to his ambitions to wrest control Continue Reading
As of Thursday, Libya’s Government of National Accord (GNA) was celebrating in the streets after claiming to have taken full control of Tripoli from General Haftar and his Libyan National Continue Reading
TRIPOLI (Reuters) – Forces loyal to Libya’s internationally recognised government captured the last major stronghold of eastern commander Khalifa Haftar near Tripoli on Friday, capping the sudden collapse of his Continue Reading
Libya’s internationally recognized government recaptured Tripoli’s main airport on Wednesday, all but driving an eastern commander’s forces from the capital ahead of what appeared to be moves towards talks on Continue Reading
The U.S. and other powers are investigating suspected efforts by Libyan militia leader Khalifa Haftar to raise funds through oil deals, including with Emirati brokers and Venezuela, according to U.S., Continue Reading
A grassy area used as a park in the Libyan capital Tripoli was hit by shelling on Sunday that left five people dead and 12 others wounded, an official and Continue Reading
A frigate of the French Navy has prevented a tanker from loading refined oil products at a Libyan port as part of a sale to an UAE-registered company, Bloomberg reported Continue Reading
Libya’s crude oil exports have shrunk by 92 percent and the National Oil Corporation has lost some $5 billion since the start of the oil blockade early this year, the Continue Reading
Senior U.S. military officials said Russia has sent jet fighters to Libya to support Russian mercenaries fighting there on behalf of Khalifa Haftar, a militia leader based in the eastern Continue Reading
The Pentagon accused Moscow on Tuesday of dispatching fighter jets to Libya to bolster Kremlin-linked mercenaries helping an eastern warlord, a move that would represent a significant expansion of Russia’s Continue Reading
The GNA’s militias and Turkish forces backed by Syrian refugee-mercenaries in Libya are no match for the combined firepower of General Haftar’s LNA, allied militias, and a host of powerful Continue Reading
Libyan military commander Khalifa Haftar raised the prospect of a dangerous new escalation in the North African country’s war with a threat to target Turkish forces backing the internationally recognized Continue Reading
Shelling killed two people on Saturday, the emergency services said, at a displaced people’s shelter in a part of the Libyan capital Tripoli that has been under bombardment by eastern Continue Reading
A withering bombardment shook Tripoli on Sunday as the eastern-based forces of Khalifa Haftar fought overnight for new territory in the southern suburbs after losing ground recently around the city. Continue Reading
Coronavirus coverage might overshadow the recent developments in Libya, yet rarely has the situation on ground been more complex and difficult to predict. Field Marshal Khalifa Haftar first announced that Continue Reading
Libyan militia commander Khalifa Haftar ordered his forces to freeze operations during the Muslim holy month of Ramadan, as criticism mounts over his bid to consolidate power in the oil-rich east. The Continue Reading
United Arab Emirates-based companies shipped nearly 11,000 tonnes of jet fuel to eastern Libya, the stronghold of the renegade general Khalifa Haftar, in a suspected violation of an international arms Continue Reading
An oil export terminal blockade that led to the shut down of fields and refineries has so far cost Libya close to $4 billion, the National Oil Corporation said in Continue Reading
The authorities running eastern Libya on Tuesday confirmed a first case of the coronavirus despite efforts to close borders and impose a curfew to limit social interactions. Libya has confirmed Continue Reading
Black markets flourish and civilians resort to desperate measures as impact of Libya’s ongoing oil blockade bites A closed petrol station in southern Libya. Since 2011, the country has been Continue Reading
Libya’s state-owned National Oil Corporation, or NOC, said on Monday that the eastern region of the country ‘illegally’ imported an aviation fuel shipment from the UAE in violation of UN Continue Reading
Libyan oil production has slipped below 100,000 barrels per day, the National Oil Corp. (NOC) has said, amid warnings of fuel shortages. Output from the North African country has fallen Continue Reading
Libya’s oil output graph over the past few years mirrors the oscilloscope readings of a patient on life support. And, things could get worse. State-owned National Oil Corporation, or NOC, Continue Reading
Libya’s oil output graph over the past few years mirrors the oscilloscope readings of a patient on life support. And, things could get worse. State-owned National Oil Corporation, or NOC, Continue Reading
Mining in Libya may eventually become a more significant economic activity than oil production as the country seeks to reduce its economic dependency on oil, Libyan Economy Minister Ali Al-Issawi Continue Reading
The United States should step in and help lift the blockade of Libyan oil ports that has decimated the country’s oil production, the chairman of the National Oil Corporation, Mustafa Continue Reading
Haftar Waiting Out Another Turkish Misstep in Libya Last week, international media said that Libyan oil production had dropped to just under 164,000 bpd. Less than a week later, on Continue Reading
The field marshal stares from billboards into the wreckage of the Libyan city of Benghazi. His uniform is festooned with epaulets and honors, even as the civil war he is Continue Reading
Fuel deliveries in the port of Tripoli were disrupted on Tuesday when a missile almost hit a highly explosive gas carrier and the national oil company ordered all fuel tankers Continue Reading