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Benghazi Defense Brigades said they would hand over Jufra Airbase in central Libya to the General Staff of Armed Forces of "UN-installed Presidency Council." The BDB added their forces have been relocated in other camps, which they did not specify. They also confirmed that their battle against Dignity Operation forces would continue until they return to Benghazi.

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The National Oil Corporation (NOC) and the Banque Marocaine du Commerce Extrieur (BMCE) signed a Memorandum of Understanding (MoU) to cooperate in banking services delivered to the NOC, investigations, projects funding, and other research and financial studies related to businesses that wish to register at the NOC.

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The UN-proposed government's financial minister, Osama Hamid, and France's financial and economy minister, Michel Sapin, discussed partially lifting the freezing of Libyan assets to cover the expected deficit in the 2017 budget. The meeting came on the sidelines of (5+5) ministerial meeting for financial ministers in Malta.

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The UN-proposed government's interior minister, Aref Al-Khouja met in Tunisia with the Canadian ambassador to Libya, David Sproule, on the margins of the 43th Arab interior ministers meeting. They both discussed cooperation in training, development projects, security procedures in Libya and other issues of mutual interests.

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Libyan commerce and development bank denied the rumors that said it had gone bankrupt, vowing to sue those who spread such a rumor. It added that it is trying to do whatever it takes to solve the cash crisis via electronic services (Pay for me and touristic checks) provided to citizens and businesspersons alike, reaching about a quarter of a billion dinars

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The spokesman of Al-Bunyan Al-Marsoos, Mohammed Al-Ghasri, has confirmed that the escaping IS militants who managed to leave Sirte after it had been liberated have been spotted in southern Libya. Al-Ghasri added that their forces will bring those diehards down sooner than later, adding that they are trying to regroup in the south.

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GECOL has signed a Memorandum of Understanding (MoU with METKA Group from Greece in the presence of the US firm GE that aims at implementing Tobruk power plant with four turbine units (736 megawatts). The contract is going to be signed in the few coming days in Tobruk city. The new power plant aims to alleviate the suffering of the eastern region, where long hours of power outage continue to take place day in and day out.

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News Roundup - Sat, Apr 8, 2017 - The Libya Observer

Several members of the House of Representatives (HoR) in Tobruk have called for an immediate no-fly zone in southern Libya.

"There should be a no-fly zone resolution that can protect the civilians and to ban all parties from using warplanes in the southern region." The members urged in a statement on Friday.

The statement also called for a swift and quick ceasefire in Timnahent district, adding that all the forces that engaged in recent clashes in there must return to their locations to avoid military escalation.

"An operations room, that would contain military and police personnel from the south to secure the military institutions and the state civil institutions as well, should be formed." The statement indicates.

The HoR members also shouldered the parties that started off the fight around the Timnahent airbase the legal and moral responsibility of any damaged that had happened.

"We call on the local and international legal organizations to monitor the violations that have been made against civilians and to bring the perpetrators to Libyan and international courts." The statement adds.

Last Wednesday, Dignity Operation fighter aircraft started bombing locations around Tamnihent airbase in the southern city of Sabha.

Jamal Al-Treki, the Third Force's commander, who also confirmed that the force's fighters engaged in heavy clashes with Pro-Haftar armed groups led by Mohammed Ben Nayel - a staunch follower of Khalifa Haftar.

Later, the Operations Room of the Presidential Council's air force disclosed that their warplanes responded to the air attacks of Dignity Operation on the Third Force locations and the air force personnel in Timnahent air base by two airstrikes targeting the warplanes of the Haftar-led Dignity Operation that are positioned in Barak Al-Sahtea airbase.

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HoR members urge for no-fly zone in southern Libya - The Libya Observer

Two local residents from Sirte were killed in a landmine explosion left behind by ISIS in neighbourhood 700, local sources reported.

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Libyas oil production has reached 693.000 bpd, the Chairman of National Oil Corporation Mustafa Sonallah has declared.

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Head of Libyas eastern government Abdullah Al-Thanni said on Thursday that the military solution is the only way out of the current division.

Speaking to Libya Alhadat TV, he invited people to stand with Khalifa Haftar-led the General Command of Armed Forces.

Al-Thannis call for the military solution is seen as a call for more bloody clashes across the country.

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Misrata Political Bloc, a group of the citys MPs and politicians, has requested the UN-proposed Presidency Council (PC) to crush Dignity Operation forces in the south of Libya after the latters Tuesday attack on Taminhint airport.

The bloc said in a statement on Thursday that an immediate action by PC land and air forces to root out Dignity Operation attackers has become imperative.

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Foreign Minister-designate of UN-installed government Mohammed Siyalah met on Thursday with Ukraine's Ambassador to Libya Mykola Nahorny. Both sides reviewed prospects of political and economic cooperation.

Ambassador Nahorny said the improving security situations in the capital would encourage his country to reopen its embassy very soon.

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Head of UN-installed Presidency Council (PC) Fayaz Sirraj and French Prime Minister Bernard Cazeneuve held talks in Tunis on Friday over Libyas political and security situations.

Both sides also discussed ways of combating illegal immigration and agreed that oil resources should be placed under the control of PC. They also agreed that the military institution should be put under a civil command.

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News Roundup - Fri, Apr 7, 2017 - The Libya Observer

A new groupcalling itself the Supreme Council for Oil, Gas and Water Resources in the Oases and the Basin has threatened to block the flow of crude oil from fields in eastern Libya to the oil export terminals, also in eastern Libya, since all the revenues are going to the central bank in Tripoli, in the west.

The group has declared its support for the Tobruk-based House of Representatives, which has not recognized the UN-backed Government of National Accord, and the Libyan National Army, also HoR-affiliated, which controls the four export terminals.

The Supreme Council considers the Libyan Presidential Council headed by GNA Prime Minister Fayez al-Sarraj and presiding over the government unconstitutional and opposes the fact that revenues from oil extracted from the eastern fields are flowing to the Presidential Council.

It holds particular resentment towards a deal between the National Oil Corporation and commodity trading giant Glencore, under which the Swiss company will be able to market 230,000 bpd from two eastern fields, Sarir and Messla.

The two fields together produce a bit above 170,000 bpd at the moment, accounting for more than 25 percent of Libyas 700,000-bpd daily. Because of their substantial contribution, any suspension of production at any one of them would have dire consequences for NOCs revenues.

Related:Obliterating ISIS May Hamper Iraqi Oil Production

However, one ex-member of the GNA-affiliated Petroleum Facilities Guard that had the export terminals blocked for two years, crippling production, said that the Supreme Council for Oil, Gas and Water Resources is harmless. The person told the Libya Herald that although the group represented the population of several towns in the Oil Crescent, it had no support among communities in the south, where fields are controlled by various armed groups, so blocking any pipelines would be a difficult job.

Should the group cause a disruption in supplies, it will affect international pries, just like another recent pipeline blockdid, causing benchmark prices to jump as it took out 250,000 bpd off Libyas output for a couple of days.

By Irina Slav for Oilprice.com

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New Player In Libya Threatens To Cut Off Oil Supply To Export Terminals - OilPrice.com

Tripoli - Four suspected migrant traffickers were killed in an exchange of fire with Libyan coastguards off the western town of Zawiya on Thursday, the navy said.

Navy spokesperson General Ayoub Qassem told AFP that the traffickers were on a vessel escorting a migrant boat headed across the Mediterranean to Europe.

The coastguards opened fire after coming under attack, said Qassem.

Four of the group, armed with automatic weapons and rocket launchers, were killed, two arrested and one went missing, the spokesperson said.

The migrants' boat had left the scene without being hit.

"The coastguards tried to avoid the confrontation and called on the armed group to follow their orders, but in vain," Qassem said.

People smugglers have exploited the chaos gripping Libya since its 2011 uprising that overthrew longtime dictator Moammar Qaddafi.

Smuggling is big business for gangs who cram migrants into boats that are small and unsafe for the perilous journey to Italy just 300km from western Libya.

In the absence of an army or a regular police force in Libya, several militias act as coastguards but are often accused of complicity or involvement in the lucrative trade.

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

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4 suspected people smugglers killed off Libya - News24