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Faiez Sarrajs warning comes after Spanish police linked the catastrophic terror attack in Barcelona which claimed the lives of 15 people to radical North African groups.

The head of the UN-supported Libyan government Mr Sarraj said: When migrants reach Europe, they will move freely.

If, God forbid, there are terrorist elements among the migrants, a result of any incident will affect all of the EU.

Almost 98,000 migrants are believed to have entered Italy from Libya in the last year.

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Mr Sarraj has since called on the EU to help secure the nations border and asked the UN to lift an embargo which stops Libya from purchasing arms.

The prime minister also said it was time to pressure African nations into taking back economic migrants.

He told The Times: The EU must do more to us help face smuggling.

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We cant put the burden on Libya and Italy alone as it is important for all of Europe.

In recent days Libya banned foreign ships from a stretch of water off its coast, prompting many NGOs to halt their search and rescue missions in a move welcomed by the Italian government.

Italian Foreign Minister Angelino Alfano accuses the European Union of abandoning his country as it struggles to cope with the refugee crisis.

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Asked if Italy had been abandoned by other European nations, Mr Alfano said: A very clear yes.

He added: Italy is contributing, but we cannot cope with this burden alone.

He went on to claim European governments should be looking to Libya as the only solution to decrease the number of migrants reaching Italy.

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Las Ramblas after a vehicle mounted the pavement and drove towards crowds

The warning sparked fury from Brexit champion Nigel Farage, who campaigned to leave the EU for 20 years and isfurious nothing more was done to halt the migrant crisis.

Mr Farage, who gave the very same warning in a speech in Brussels in 2015, tweeted: I warned Europe in 2015 that boats arriving from war-torn regions posed a huge threat. We are now paying the price.

He added: When ISIS said they would flood Europe with 500,000 Islamic extremists, Merkel and EU should have listened.

They have now failed us all.

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Migrant terrorists 'will devastate ALL the EU' thanks to free movement, Libya PM warns - Express.co.uk

Amsterdam Oil prices fell on Wednesday, weighed down by concerns about rising production from Libya feeding into an oversupplied market and a surprise increase in US petrol inventories.

Benchmark Brent crude futures were down 27 US cents at $51.60 a barrel at 9.50am GMT. US West Texas Intermediate crude futures were trading at $47.67, down 16c.

Production from Libyas Sharara oilfield, the conflict-riven countrys largest, has been see-sawing. The field remained shut on Wednesday, two Libyan oil sources said. The field had restarted at least once on Tuesday amid conflicting reports about whether it had reopened.

"The flood of news reports makes it clear that the situation in Libya is still chaotic and that conditions in the country are still far from normal," Commerzbank analysts wrote.

Sharara recently reached output of 280,000 barrels per day, but closed this week due to a pipeline blockade. Its production is key to Libyas oil output, which surged above 1-million barrels per day in late June, about four times its level in the middle of 2016.

Libyas rising output is a headache for oil cartel Opec, which together with nonOpec producers including Russia has pledged to cut about 1.8-million barrels per day of supplies between January 2017 and March 2018 in an attempt to remove a global glut.

Additionally, industry data released by the American Petroleum Institute showed on Tuesday that US petrol stocks rose by 1.4 million barrels in the week to August 18, compared with analysts expectations of a 3.5-million-barrel drop.

Jeffrey Halley, senior market analyst at futures brokerage Oanda, said rising US petrol inventories were "not a good sign during the US summer driving season".

Official inventory data from the US Energy Information Administration was due later on Wednesday.

Reuters

Excerpt from:
Price of oil slumps on rising production in Libya - Business Day (registration)

Faiez Serraj wants to tackle the migrant crisis as the number of arrivals in Italy is set to beat last year's record high

EUROPE will face an ever-growing terror threat unless member states helps Libya stem the tide of migrants crossing the Mediterranean, the countrys prime minister has warned.

Faiez Serraj head of the UN-backed unity government in Tripoli launched a fresh appeal to the EU to tackle the migrant crisis as the number of arrivals in Italy is set to beat last years record high with four months remaining.

AFP - Getty

He warned Europes leaders that failure to combat the problem will see an increasing number of terrorists crossing the Med posing as migrants.

Mr Serraj said Libyas southern border was open to tens of thousands of people who cross into the country un-vetted.

He told The Times: When migrants reach Europe, they will move freely. If, God forbid, there are terrorist elements among the migrants, a result of any incident will affect all of the EU.

His sober warning comes days after Barcelona became the latest European city to be hit by Islamic terrorists.

Nearly 100,000 have crossed the Med from Libya into Italy this year and there are an estimated 700,000 migrants in Libya.

Mr Serraj warned that Italys social and democratic fabric is under strain from the inflow and resentment is growing against the EU for its lack of action on the migrant crisis.

AP:Associated Press

Libya has issued the EU with a five-point plan to solve the crisis including help with policing its southern border.

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Libya's PM warns Europe will continue to face terror unless member states help stop migrants crossing the Mediterranean - The Sun

Libya's rising output is a headache for the Organisation of the Petroleum Exporting Countries (OPEC), which together with non-OPEC producers including Russia has pledged to hold back around 1.8 million bpd of supplies between January this year and March 2018 to tighten supplies.

However, OPEC has so far fallen short off its pledge, in part due to Libya's strong output. The OPEC-member has been exempt from cuts.

"Sentiment towards oil remains bearish amid oversupply fears and the possible threat of OPEC's supply cut deal falling apart," said Lukman Otunuga, analyst at futures brokerage FXTM.

The next meeting of a ministerial committee of OPEC and non-OPEC states to discuss their production pact has been proposed for Sept. 22.

In the United States, crude inventories fell by 3.6 million barrels in the week to Aug. 18 to 465.6 million, industry group the American Petroleum Institute said Tuesday. However, gasoline stocks rose by 1.4 million barrels, compared with analyst expectations in a Reuters poll for a 643,000-barrel decline.

Jeffrey Halley, senior market analyst at futures brokerage OANDA said that the rising U.S. gasoline inventories were "not a good sign during the U.S. summer driving season" during which fuel demand tends to be high.

Official inventory data by the U.S. Energy Information Administration is due to be released late on Wednesday.

Meanwhile, Bernstein Research warned that low prices and ample supplies were resulting in low oil industry investment levels.

"We see (oil and gas)... order intake activity at almost the same low level as in 2016 ... For now, we remind investors that contract levels appear to still be insufficient to drive recovery in earnings," it said.

(Reporting by Henning Gloystein; Editing by Kenneth Maxwell and Joseph Radford)

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Oil Prices Fall on Concerns of Oversupply as Libyan Output Recovers - New York Times

A Libyan security force has reopened a key oil pipeline, a step toward allowing the nations largest oil field to resume output after three days of disruptions.

The Petroleum Facilities Guard, which is tasked with securing oil installations, opened a valve that had been shut on the pipeline linking Libyas Sharara field to its Zawiya port, Wessam Al-Messmari, an office manager for the group, said by phone. Details as to the cause of the closure werent immediately clear.

Earlier Tuesday the state-run National Oil Corp. announced the restart of the Sharara field and the lifting of force majeure, a legal status protecting a party from liability if it cant fulfill a contract for reasons beyond its control, on crude exports from the Zawiya terminal. The NOC later removed the statement from its website.

Sharara has experienced several brief shutdowns caused by different groups this year. The oil field closed for two days in June due to a protest by workers. Pumping was interrupted for several hours earlier this month after armed protesters shut some facilities. Production was 230,000 barrels a day, a person familiar with the situation said at the time.

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Libya is trying to revive its oil production and exports in the midst of continuing political uncertainty. In July, crude production was at a four-year high and exports were the most in three years, according to data compiled by Bloomberg. While the expansion has helped Libyas oil-dependent economy, the Organization of Petroleum Exporting Countries is trying to cut global supplies. That effort has been weakened by recovering output by OPEC members Libya and Nigeria.

The estimated the value of lost oil production during the past three days is about $40 million, according to the NOC.

Excerpt from:
Libya Key Oil Field Pipeline Starts Again After Shutdown - Bloomberg - Bloomberg