Gulf Oil and Gas accountACCOUNT

East Libyan Rebels Close to Deal to Reopen Ports

Source: Reuters 3/31/2014, Location: Africa

Share |
Rebels in eastern Libya are close to reopening three oil ports they have occupied since the summer to press Tripoli for autonomy and a greater share of oil revenue, a leader from the rebels' tribe told state media.

The comments, the most optimistic for months, came after the government met a rebel demand to release three of their fighters who boarded a tanker loading oil at a rebel-held port in an attempt to get it to markets. They were captured when U.S. forces boarded the rogue ship and returned it to Tripoli.

The announcement will still be met with scepticism because the same tribal leader predicted in December that the heavily-armed rebel militia would end their blockade of the three ports which previously accounted for 600,000 barrels of oil a day.

"There are indications of an imminent breakthrough," Saleh Atawich, the top Magharba leader, said of talks with the government mediated by tribal elders, according to LANA state news agency. He gave no specific time frame.

Atawich is from the same tribe as port rebel leader Ibrahim Jathran but also close to government thinking. He had predicted that ports would reopen on December 15, but a similar deal fell through at the last minute.

A local news channel operated by the federalist rebel leader also flashed an urgent news bulletin about a "breakthrough".

Three years after the fall of Muammar Gaddafi, the oil standoff is one of the major challenges to Libya's weak central government as the blockade drains state coffers, adding to Western worries the country is sliding deeper into instability.

With no real army, Libyan authorities are struggling to control militias and armed tribesmen who help oust Gaddafi in the 2011 civil war, but have become political players demanding power and oil wealth and controlling territory.

"There are careful efforts these days between the committees concerned with opening the ports and the parties that closed them," Atawich said. "The issue is moving in the direction according to plan."

Attawich could not be immediately reached on his cell phone for further details.

For more information about related Opportunities and Key Players visit Libya Oil and Gas Projects

Oil News in Libya >>

Saudi Arabia >>  11/7/2018 - Chinese oil major PetroChina inked 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp on Wednesday at a ...
Iran >>  10/29/2018 - Iran has started direct sales of oil to domestic and international buyers through its energy bourse in what appears to be a landmark strategy to dodge...

Iraq >>  10/26/2018 - Iraq will stop trucking crude from its northern Kirkuk oilfield to Iran in November to comply with sanctions imposed on its neighbor by the United Sta...
United Arab Emirates >>  10/26/2018 - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Libya Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

 

Oil & Gas Companies in Libya >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.