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
 Jul 28 2016 - Syrian Pres. offers amnesty to those who lay down armsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) AMMAN, July 28 (KUNA) -- Syrian President granted amnesty for those who lay down their weapons and turn themselves in to the authorities, said a news source ...

 Jul 28 2016 - France to form forces to protect citizensKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) PARIS, July 28 (KUNA) -- French President Francois Hollande confirmed that a National Guard would be formed from existing reserve forces to better protect ...

 Jul 28 2016 - EU calls for pause in fighting in AleppoKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) BRUSSELS, July 28 (KUNA) -- The EU called Thursday for an immediate "humanitarian pause" in fighting in Aleppo in Syria to ensure medical evacuations and the ...

 Jul 28 2016 - PKK kills 2 Turkish policemen in Hakkari southeast regionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) ISTANBUL, July 28, (KUNA) -- Two Turkish policemen were killed and 15 others were injured after a car bomb exploded in the southeast province of Hakkari, said a ...

 Jul 28 2016 - Syrian Pres. offers amnesty to those who lay down armsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) AMMAN, July 28 (KUNA) -- Syrian President granted amnesty for those who lay down their weapons and turn themselves in to the authorities, said a news source ...

 Jul 28 2016 - Kuwait- KSE ends Thursday trading with mix boardsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 28 (KUNA) -- The trading at Kuwait Stock Exchange (KSE) ended Thursday with the benchmark going down by 1.17 points, hitting 5,460.73 points. The ...

 Jul 28 2016 - Kuwait- KRCS launches food project for refugees in LebanonKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) BEIRUT, July 28 (KUNA) -- Kuwait Red Crescent Society (KRCS), in cooperation with the Lebanese Red Cross, launched Thursday the 13th campaign to provide food for ...

 Jul 28 2016 - Kuwait- Al-Ghanim receives Acting chief of Audit Bureau, U.S. envoyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 28 (KUNA) -- National Assembly Speaker Marzouq Al-Ghanim received, in his office Thursday, Acting chief of the Audit Bureau Adel Al-Sarawi. The ...

 Jul 28 2016 - France to form forces to protect citizensKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) PARIS, July 28 (KUNA) -- French President Francois Hollande confirmed that a National Guard would be formed from existing reserve forces to better protect ...

 Jul 28 2016 - Sadafco solar power system sees the lightMENAFN
(MENAFN) Sadafco has given the go-ahead for its new photovoltaic-diesel hybrid system that delivers up to 40% of its Riyadh Regional Distribution Centre's daytime energy requirements.Saudia Dairy and ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

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