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New trouble sends Libya's oil production nosediving again

Libya’s oil production has tumbled to about 230,000 barrels per day after armed groups shut down the el-Sharara oil field in the Murzuq desert in the southwest, adding to a crippling seven-month oil crisis centered in the rebellious east. The shutdown of el-Sharara, one of Libya’s biggest fields with a normal output of 340,000 bpd, was a serious setback to efforts by the problem-plagued transitional government to push national production back to the 1.4 million bpd it achieved last summer. But about 2 1/2 years after Libyan dictator Moammar Gadhafi was driven from power in a NATO-backed uprising, the North African producer remains mired in lawlessness and anarchy, with the government powerless to restore stability or control dozens of heavily armed militias and tribal groups. The current production level marked a significant decline from the 370,000 bpd the National Oil Corp. announced last […]

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Egypt plans dam-busting diplomatic offensive against Ethiopia

CAIRO, Feb. 27 (UPI) — Egypt may be in the throes of political turmoil, but the government has begun a diplomatic offensive aimed at stopping Ethiopia from building a huge hydroelectric dam on the Nile River that Cairo says will be a disaster for the Arab world’s most populous nation. The military-backed administration began its effort to internationalize the thorny issue in hopes of gathering support for its case against Ethiopia, where the Blue Nile rises in the northwestern highlands, after bilateral negotiations deadlocked in January. "The campaign initiated by Egypt … aims to persuade the international community to reject the dam’s construction because it may lead to further conflict and instability in the region of the Nile Basin," an Egyptian diplomatic source in Cairo told the Middle East’s al-Monitor website Feb.19. "More negotiations with Ethiopia only waste time and directly threaten Egypt’s water security," said the source, who […]

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Egypt government resigns, paves way for Sisi to seek presidency

Egypt’s government has resigned, the prime minister said on Monday, a step likely to pave the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president of a strategic U.S. ally gripped by political strife. "(The government) made every effort to get Egypt out of the narrow tunnel in terms of security, economic pressures and political confusion," Prime Minister Hazem el-Beblawi said in a live nationwide speech. Beblawi, who was tasked by interim President Adly Mansour with running the government’s affairs until the election, did not give a clear reason for the decision. For Sisi to run for president, he would first need to quit as defense minister. "This (government resignation) was done as a step that was needed ahead of Sisi’s announcement that he will run for president," an Egyptian official told Reuters. He said the cabinet resigned en masse […]

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Libya oil output dives after key field shut

ibya’s oil production has fallen to 230,000 barrels a day from 570,000 bpd due to the closure of the el-Sharara field following protests, state-owned National Oil Corp (NOC) said. "The country’s oil production has fallen to 230,000 bpd after the closure on Thursday evening of the oilfield at el-Sharara," which has an output of 330,000 bpd, NOC spokesman Mohamed al-Harairi said on Sunday. Harairi added that the field had to shut down because "protest movements near the… wells no longer ensure the optimal security conditions," without giving further details. It was repeatedly shut down by protesters as a way to pressure the weak central government into political and financial demands. Relaunch of production at el-Sharara in early January had pushed Libya’s output up to 570,000 bpd, when protesters in the area lifted their blockade of the site. It was considered as a […]

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Libya votes on constitutional assembly

Libyans trickled to the polls on Thursday to elect an assembly to draft a constitution , the paltry turnout reflecting deep political disillusion with the chaos pervading Libya since Muammar Gaddafi’s 42-year rule ended in 2011. Of the one million people who had registered to vote, less than 498,000 cast ballots, the election commission said, a number far lower than the three million who did so before the 2012 parliamentary election. Libyans voted on who should make up the panel to write a new charter that will cover key issues such as Libya’s system of government, the status of ethnic minorities and the role of Islamic law. But live footage from Libyan television cameras in major polling stations across the North African country showed mostly empty rooms. After four hours of polling, election organizers said that turnout for the vote had reached just 18 percent. United Nations’ envoy Tarek Mitri urged Libyans […]

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Energy Firms in Talks to Sell Israeli Gas to Egypt

Israel’s recently discovered offshore natural gas is generating momentum for politically important supply deals that could alleviate energy shortages in Jordan and Egypt. The drilling consortium led by Israel’s Delek Group Ltd. and Texas-based Noble Energy said Wednesday it signed a deal to supply gas to chemical companies in Jordan, marking Israel’s first energy export deal and bolstering ties between the neighboring countries. The same offshore drilling group is holding initial talks on a much larger supply deal with Egypt, people familiar with the matter said. Drillers announced two Mediterranean finds in recent years with some 650 billion cubic meters of gas. Flush with energy reserves that could last for decades, Israel has been considering exports to several countries in the eastern Mediterranean including Cyprus and Turkey. Despite the modest size of the deal with Jordan, it has important geopolitical implications. It was the focus of talks between King […]

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Disillusionment in Libya Over Vote on Charter Assembly

For the second time since the overthrow of Col. Muammar el-Qaddafi two and a half years ago, Libyans are being asked to go to the polls to elect lawmakers responsible for preparing a new constitution. On Thursday, increasingly frustrated voters will directly elect a 60-member assembly to draft the charter after Parliament failed to appoint the body as originally planned. “People are saying: ‘What happened?’ ” said Claudia Gazzini, a senior analyst for the International Crisis Group who is based in Libya. Disillusioned with the lack of progress, Libyans are disinclined to come out and vote, she said. “They are saying: ‘I’m not going to dip my hand in the ink this time.’ ” Precious little has been achieved in Libya since the war that killed Colonel Qaddafi and ended his 42 years of autocratic rule. The country held its first free elections amid much euphoria […]

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Libyan militias extend ultimatum to parliament

Two powerful militias that earlier demanded that Libya’s interim parliament step down or face arrest now say the country’s political factions have 72 hours to resolve their crisis, while the United Nations urged Wednesday that the deadlock be resolved by holding new elections. The demands issued Tuesday by the Al-Qaaqaa and al-Sawaaq militias, which some politicians likened to an attempted coup, brought the restive North African country’s long-running political showdown to a head. Parliament is split between Islamist and non-Islamist blocs. Its mandate was to have expired this month, but the Islamists led a motion to extend its mandate by another year. Under street protesters’ pressure, the parliament voted to hold early elections in the spring. But many are angry that parliament, widely viewed as a failed institution, should hold power until then. The two militias at first said that parliament had until 9 p.m. […]

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Militant Group Says It Attacked Tourist Bus in Sinai

An Egyptian militant group that has carried out months of deadly assaults on the police and the military has claimed responsibility for the bombing of a tourist bus that killed four people in the Sinai Peninsula on Sunday. The assertion by the group, Ansar Beit al-Maqdis, signaled an ominous turn in a battle militants have waged against the government since the military ouster of President Mohamed Morsi in July. The bombing, in the Sinai town of Taba, was the first attack against tourists in years. Three South Korean citizens and an Egyptian bus driver were killed. In a statement posted on jihadist websites late Monday, Ansar Beit al-Maqdis said that the bombing was part of an “economic war against this regime of traitors.” It said that one of the group’s “heroes” had carried out the attack, but did not say how. Egyptian officials have said a suicide […]

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Slaying of South Korean tourists signals turn in Egypt’s Islamist insurgency

“This is more of a challenge to the government and the state’s authority than there ever was before,” said Kamal Habib, a founding member of Islamic ­Jihad, a group that was at the forefront of a similar revolt in Egypt in the 1990s but that later renounced violence. He noted that today’s insurgents are using heavier weapons, such as missiles and bombs. The bus blew up Sunday afternoon when it was parked just 200 yards from the Israeli border in the resort town of Taba, sending black plumes of smoke into the sky, according to images on Egyptian state television. There was no immediate assertion of responsibility for the attack, which killed two South Korean tourists and the Egyptian bus driver, according to the Health Ministry. It had earlier reported that three tourists were killed. At least 15 South Koreans were wounded. But Habib said the blast indicates that […]

Posted On : Published By : Tom Whipple