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News & Comment

The following news headlines are selected breaking news stories about Libya and the Libyan business arena, which are collected daily from a variety of sources.

If you click on "Read More" for a headline marked "External Article" you will be taken to the source of that story. For all other articles, which can be read on the LBBC website, we welcome your comments and opinions.

Shell lifts its first crude cargo from Libya in 5 years - industry sources [Reuters]

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19th Aug 17: Royal Dutch Shell has lifted a cargo of 600,000 barrels of crude oil from Libya's Zueitina port, its first from the war-torn north African country in 5 years, two industry sources told Reuters on Saturday.

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Three NGOs Suspend Migrant Rescue Operations Off Libya [The Maritime Executive]

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15th Aug 17: Humanitarian NGOs Save the Children, Sea Eye and Doctors Without Borders (MSF) have all suspended their maritime rescue operations off Libya, citing threats from the navy of the Libyan Government of National Accord.

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Can the UN’s New Special Representative Make Progress in Libya? [Chatham House]

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10th Aug 17: Ghassan Salamé must move quickly to bring together the country’s competing powers and a divided international community.

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East Libyan city suffers as military forces tighten siege [Reuters]

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8th Aug 17: Residents of Derna in east Libya say they are facing critical shortages after Khalifa Haftar's Libyan National Army (LNA) tightened its longstanding siege around the city last week.

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Libya's Largest Oil Field `Back to Normal' After Disruption [Bloomberg]

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8th Aug 17: Libya’s biggest oil field Sharara is “back to normal” after a disruption caused by protests in the politically fragmented country, the state National Oil Corp. said.

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French microfinance organisation plans to set up in Libya [Libya Herald]

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7th Aug 17:

French-based microfinance organisation ADIE International is planning to set up a microfinance system in Libya. The purpose is to provide finance to Libyans who do not have access to traditional forms of loans.

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Libya Largest Oil Field Is Said to Halt Output After Protest [Bloomberg]

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7th Aug 17:

Libya’s biggest oil field stopped pumping following a protest, according to a person familiar with the situation, a sign of the challenges vexing the politically fragmented nation as it seeks to restore production.

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Libya: Mixed reaction to Cairo talks between Misrata and eastern representatives [Libya Herald]

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3rd Aug 17:

The talks in Cairo between a delegation of top political figures from Misrata and representatives from eastern Libya who support the Libyan National Army and Khalifa Hafter has drawn conflicting responses from the participants and the Egyptian authorities who organised them.

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Migrant crisis: Libya strongman Haftar warns Italy over ships [BBC News]

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3rd Aug 17:

The head of the self-styled Libyan National Army (LNA) has vowed to repel any Italian ships approaching Libya's waters without permission.

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Italy begins naval mission to help Libya curb migrant flows [Reuters]

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3rd Aug 17:

Italy began a limited naval mission on Wednesday to help Libya's coastguard curb migrant flows, which have become a source of political friction before national elections expected early next year.

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Italy aims to deploy ships in Libyan waters by end-August [Reuters]

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28th Jul 17: Italy intends to deploy several ships in Libyan waters by the end of August to combat human trafficking and stem a huge influx of immigrants, a government source said on Thursday.

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Macron attempts to broker Libyan peace with meeting of leaders [The Guardian]

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25th Jul 17: French president convenes talks between heads of rival factions in attempt to increase conflict-ravaged country’s political stability.

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Libyan premier, rival eastern commander to meet in Paris - source [Reuters]

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23rd Jul 17: The head of Libya's U.N.-backed government will hold talks in Paris this week with a powerful military commander who has so far rejected his authority, a diplomatic source said.

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After long Benghazi campaign, Libyan commander eyes capital [Reuters]

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19th Jul 17: Buoyed by the end of a long military campaign in Benghazi and new signs of foreign support, Libyan commander Khalifa Haftar has been signalling his intent to extend his power to the capital, Tripoli.

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NOC’s Sanalla heading to Russia for oil output talks [Libya Herald]

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18th Jul 17: National Oil Corporation (NOC) chief Mustafa Sanalla will beRussia’s St Petersburg on Monday to tell OPEC and non-OPEC oil producers why Libya simply cannot afford to cut back on its rising oil output, even though global oil prices remain weak because of excess production.

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LIA gets new Board of Trustees, new board, confirms chairman and reform plan [Libya Herald]

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18th Jul 17: The Faiez Serraj led Presidency Council/Government of National Accord (PC/GNA) has appointed a new Board of Trustees for the Libyan Investment Authority (LIA) which, in turn, has announced a new LIA Board of Directors and a 6 to 12-month reform programme. At its Tripoli headquarters last Saturday, the new board confirmed the chairman of the previous Steering Committee, Ali Hassan. Hassan, as the new chairman of the LIA.

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Oil Lingers Near $46 as U.S. and Libya Seen Boosting Production [Bloomberg]

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18th Jul 17: Oil traded near $46 a barrel after snapping a five-day gain on concern output in the U.S. and OPEC member Libya is growing just as demand shows signs of improvement.

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Migrant crisis: EU to curb rubber boat sales to Libya [BBC]

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17th Jul 17: EU foreign ministers have agreed to restrict exports of inflatable boats and outboard motors to Libya in a drive to curb the smuggling of migrants.

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Libya’s Sarraj calls for elections to save the country [Middle East Monitor]

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17th Jul 17: Presidency Council head Fayez Al-Sarraj has called for elections next year as part of radical changes to the country’s political system.

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US military considers ramping up Libya presence [CNN]

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11th Jul 17: A new diplomatic and military policy for Libya that could significantly expand US involvement in the country could be finalized by the Trump administration in the next few weeks, according to two US officials.

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Oil Trades Near Two-Week Low Amid Talk of Libya, Nigeria Caps [Bloomberg]

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10th Jul 17: Oil traded near the lowest closing price in two weeks, erasing earlier gains after an OPEC minister said Libya and Nigeria may be requested to cap their production.

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Libya strongman in UAE for military talks as Benghazi fighting flares [Middle East Eye]

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10th Jul 17: The UN has accused the UAE of supplying military aircraft to Khalifa Haftar in violation of a UN arms embargo.

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Haftar declares victory in battle for Benghazi [Reuters]

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6th Jul 17:

Libya's eastern commander Khalifa Haftar said on Wednesday his forces had taken full control of Libya's second city Benghazi from rival armed groups after a three-year campaign.

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EU Offers Plan, Cash to Stem Libya Migrant Flow to Italy [Reuters]

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4th Jul 17: The EU executive offered Italy more funding on Tuesday to help control migration across the Mediterranean from Libya among a set of proposals responding to complaints from Rome that Europe was failing to help it out.

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Libya's oil output nears 1 million bpd, highest in four years: source [Reuters]

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29th Jun 17: Libyan oil production is fluctuating between 950,000 barrels per day (bpd) and "close to" 1 million bpd, rising from around 935,000 bpd earlier this week, a Libyan oil source with direct knowledge of the matter told Reuters on Thursday.

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