Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Libya rebels to lift blockades of 2 oil terminals  Join our daily free Newsletter

MENAFN - AFP - 06/04/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - AFP) Rebels seeking regional autonomy agreed Sunday to allow the reopening of two of four oil terminals in eastern Libya that they have blockaded since July, official news agency Lana reported.It said the announcement of a deal to reopen Zueitina and Al-Hariga terminals was made in Zueitina in the presence of government members and rebel chief Ibrahim Jodhran.The two sides have set a target of two to four weeks for a reopening of the other two terminals under blockade, at Ras Lanouf and Al-Sidra.Tripoli says the nine-month blockade of the export terminals has cost Libya more than 14 billion in lost oil revenues.The prospect of a return of Libyan oil to the market, after the blockade slashed exports from 1.5 million barrels a day to just 250,000, prompted a sharp dip in world prices on Thursday, before a rebound.With negotiations making progress, Libyan authorities on Monday released three rebels who had been detained on a tanker loaded with oil illegally loaded at one of the blockaded ports.Tripoli authorities deny there had been any direct talks with the rebels, insisting that negotiations had been conducted through intermediaries from the region's powerful tribes.Neither sidegave any details of the agreement under discussion.

But a source close to the negotiations said the rebels were demanding a referendum on restoring the autonomy that the eastern Cyrenaica region enjoyed for the first 12 years after Libyan independence in 1951.They were also demanding full back pay for their men, who were employed as security guards at the oil terminals before launching their blockade.The eastern oil terminals were a key battleground in the NATO-backed uprising that toppled and killed veteran dictator Moamer Kadhafi in 2011, changing hands several times before the rebels finally captured them.The source said that the talks were "serious" and that, if they bore fruit, it was proposed that the export terminal be the first to reopen.The head of the rebels' self-declared regional government, Jodhran, has said he decided to seek a solution "through dialogue to cut short foreign intervention".A Western diplomat in Tripoli said the rebels were "trying to find a way out of the crisis they created" with an abortive oil export attempt last month that prompted the intervention of the US Navy and a March 19 UN Security Council resolution outlawing all unauthorised Libyan oil exports.

 


AFP




  MENA News Headlines
 Mar 25 2017 - Saudi�s oil exports to US drop in MarchMENAFN
(MENAFN) According to a Saudi energy ministry official, Saudi Arabia"s crude exports to the US in March posted a drop by around 300,000 barrels per day from February, in line with OPEC"s decision to ...

 Mar 24 2017 - Lebanese Prime Minister Receives Delegation of HamasSaudi Press Agency
(MENAFN - Saudi Press Agency) Beirut, Jumada II 25, 1438, March 24, 2017, SPA - Lebanese Premier Saad al-Hariri received here today a delegation of Palestinian Hamas movement, headed by the Deputy ...

 Mar 24 2017 - Bahraini Foreign Minister Meets with his US CounterpartSaudi Press Agency
(MENAFN - Saudi Press Agency) Washington, Jumada II 25, 1438, March 24, 2017, SPA -- Bahrain's Foreign Minister Sheikh Khalid bin Ahmed bin Mohammed Al Khalifa met here today with his US ...

 Mar 24 2017 - Lebanese President Meets with European DelegationSaudi Press Agency
(MENAFN - Saudi Press Agency) Beirut, Jumada II 25, 1438, March 24, 2017, SPA -- Lebanese President Michel Aoun met here today with a delegation from the European People's Party (EPP) in the ...

 Mar 24 2017 - Saudi- Suspected Bomber Killed in Blast near Bangladesh's Main AirportSaudi Press Agency
(MENAFN - Saudi Press Agency) Dhaka, Jumada II 26, 1438, March 25, 2017, SPA -- A man killed in a bomb blast outside a security post near Bangladesh's main airport was suspected of having planted ...

 Mar 24 2017 - UN Warns that Destroying Cultural Heritage may be War CrimeSaudi Press Agency
(MENAFN - Saudi Press Agency) United Nations, Jumada II 26, 1438, March 25, 2017, SPA -- The U.N. Security Council unanimously adopted a resolution Friday condemning the unlawful destruction of ...

 Mar 24 2017 - Lebanese President receives UN OfficialSaudi Press Agency
(MENAFN - Saudi Press Agency) Beirut, Jumada II 25, 1438, March 24, 2017, SPA -- Lebanese President Michel received here today United Nations Special Coordinator for Lebanon Sigrid Kaag with her ...

 Mar 24 2017 - Lebanese Prime Minister receives UN Official and Director General of Kuwait's Fund for Arab Economic DevelopmentSaudi Press Agency
(MENAFN - Saudi Press Agency) Beirut, Jumada II 25, 1438, March 24, 2017, SPA -- Lebanese Prime Minister Saad Hariri received here today, separately, Representative of UNICEF in Lebanon Tanya ...

 Mar 24 2017 - Saudi- Islamic Development Bank provides $ 31 million to SenegalSaudi Press Agency
(MENAFN - Saudi Press Agency) Jeddah, Jumada II 25, 1438, March 24, 2017, SPA -- President of the Islamic Development Bank Dr. Bandar Hajjar and Senegalese Minister of Economy, Finance and Planning ...

 Mar 24 2017 - Saudi- Arab League Stresses Importance of Committing to Two-State Solution and Arab Peace InitiativeSaudi Press Agency
(MENAFN - Saudi Press Agency) Cairo, Jumada II 25, 1438, Mar 24, 2017, SPA -- The Arab League stressed that Secretary General Ahmad Abu Al-Ghait's vision based on importance of commitment of the ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help