Archive for the ‘Libya’ Category

NOC’s Sanalla confident Libya will reach oil production targets – Libya Herald


Libya Herald
NOC's Sanalla confident Libya will reach oil production targets
Libya Herald
Libya's National Oil Corporation chairman, Mustafa Sanalla has dismissed claims by international oil experts that Libya will be unable to increase its oil production to its intended target of 800,000 bpd in 2017 or even by 2018. At a London energy ...
Oil Politics Driving Libya Closer To FailureEnergy Collective

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NOC's Sanalla confident Libya will reach oil production targets - Libya Herald

Breakthrough Libya talks appear to yield deal between rival factions – The Guardian

Khalifa Haftar controls two-thirds of Libya, leaving the UN-backed government increasingly isolated in the capital. Photograph: Esam Al-Fetori/Reuters

Talks between leaders of the two largest rival factions in Libya appear to have reached an outline agreement in probably the most optimistic moment for the war-torn country in many years.

In a diplomatic breakthrough the leader of the UN-backed government, Fayez al-Sarraj, and his rival Khalifa Haftar met on Tuesday in the United Arab Emirates for two hours.

They are scheduled to hold further talks with the Egyptian president, Abdel Fatah al-Sisi, next week. Sisi has been critical to the stop-start reconciliation process, along with Italy and the UAE.

Libya has been wracked by internal divisions ever since the ousting of Muammar Gaddafi in 2011 led to the collapse of the economy and oil production, and to a political vacuum in which human trafficking has proliferated, resulting in mass deaths of refugees trying to cross the Mediterranean to Europe.

Control of the country is split between the UN-backed government in Tripoli and forces loyal to the parliament in the eastern city of Tobruk, which are commanded by Haftar.

No official statement was issued after the Abu Dhabi talks but the unconfirmed reports initially mainly coming from media sources allied to Haftar suggest fresh elections will be held within six months and the UN-backed governments presidency council reduced to three from nine members.

One of the three would be the head of Libyas Tobruk-based parliament and another the head of the armed forces.

The UN has been opposed to the head of the armed forces being in full political control of the country and the proposal puts the position within a clear political framework. At the same time an agreement to hand all military appointments to politicians would be revoked.

There is also said to be an agreement on identifying terrorist groups outside the political process and a fresh call to disband militias.

Haftar controls two-thirds of the country, leaving the UN-backed government increasingly isolated in the capital and unable to deliver basic services. His supporters insists he has never sought to establish a military dictatorship.

The agreement reportedly also calls for an end to foreign interference in army and security affairs. Arms have been supplied by foreign powers across Libyas porous borders ever since the fall of the Gaddafi regime in a Nato-backed operation.

The EU has also been training the Libyan coastguard in an effort to stem the flow of migrants across the Mediterranean, and the UN has been trying to develop a presidential guard.

In a statement welcoming the fact that Hafter and Sarraj had finally met on Tuesday, the UAE lauded the positive atmosphere of the talks and praised the determination shown by the two sides to reach a solution to the current political stalemate in Libya.

The UAE also urged the international community to find a replacement for the UN special envoy to Libya, Martin Kobler, who is due to step down. Political infighting in the international community has blocked a replacement being announced.

Many British Conservative politicians believe the UK in supporting Sarraj has backed the wrong, or ineffective side, but recognise any political agreement will be hard to secure on the ground owing to multiple sources of power in Libya.

UK and US officials are due to discuss its stance at meetings in London next week. There are signs that the US are supporting the process, even by suggesting the Libyans could come to Washington for meetings in June.

The French foreign affairs department broadly welcomed the developments in Libya saying it supports all initiatives aimed at strengthening the dialogue between all the parties in Libya.

Any decision in the agreement on fighting terrorism could however be hard to implement if, as reported, militia forces the Shura Council of Benghazi Revolutionaries and the Benghazi Defence Brigades are to be classified as terrorists because of their ties to al-Qaida. Such a move would almost certainly be rejected by a number of groups in Misrata as well as those allied to the countrys grand mufti, Sheikh Sadik al-Ghariani.

Mattia Toaldo, Libyan expert at the European Council on Foreign Relations questioned whether the outline agreement would ever be implemented. It is significant if Haftar has agreed to a shift in his strategy and said he will stand in elections by March 2018. It is very much Egypts strategy.

If he does win those elections, he would be able to say he has a new legitimate right to get back into Triploi the capital. But it is very doubtful it would be possible to run free and fair elections, and it is not clear why Sarraj, or the Islamist militias in Benghazi that have been supporting him, would agree to this process since he is quite likely to lose, or find themseleevs designated as terrorist groups.

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Breakthrough Libya talks appear to yield deal between rival factions - The Guardian

Oil prices drop 5% as Libya output risks ease – MarketWatch

Oil prices dropped by almost 5% on Thursday, with expectations for a recovery in Libyan crude production and rising U.S. output sending prices back to levels they hadnt seen since before the OPEC output cut deal in November.

The possibility of power-sharing deal in Libya adds to the potential for more supply, said Phil Flynn, senior market analyst at Price Futures Group.

June West Texas Intermediate crude CLM7, -2.48% fell $2.30, or 4.8%, to settle at $45.52 a barrel on the New York Mercantile Exchange. July Brent crude LCON7, -2.15% on Londons ICE Futures exchange fell $2.41, or 4.8%, to end at $48.38 a barrel.

The United States Oil Fund LP USO, -4.73% an exchange-traded product, dropped 4.5%.

Both WTI and Brent, marked their lowest settlements since Nov. 29the day before the Organization of the Petroleum Exporting Countries reached an agreement to cutback production levels.

Read: OPEC faces high-stakes decision as oil drops to 5-month low

For WTI, the $44 level marks key support, and if prices take that level out, they could drop to $38, said Flynn.

Two of the largest factions in Libya have made progress in reaching a deal to resolve the nations political and economic crises, BBC News reported late Wednesday. Clashes between armed groups had caused intermittent shutdowns of Libyas biggest oil field.

A unified Libya could reach 1.5 million [barrels a day] in a few months, and it is excluded from OPEC quotas, said James Williams, energy economist at WTRG Economics, who pegged current Libyan output at about 700,000 barrels a day.

Libya and Nigeria dont have set production limits under OPECs six-month agreement among members to cut output down by a total of roughly 1.2 million barrels from October 2016 levels. In additional to that, some major producers outside of OPEC, including Russia, agreed to cut about 600,000 barrel a day.

OPEC is set to decide whether to extend the pact into the second half of the year, when it meets on May 25 in Vienna.

Williams said Nigeria wants to extend its exemption from quotas, which is a signal it hopes to increase production.

The road to consensus on a new deal remains uncertain and bumpy as just one OPEC member rejecting an agreement would likely be enough to upend the entire effort because the rest of the group would quickly jump back into market-share-first mode by pushing their output back up to pre-cut levels.

That decision is complicated by growing production in the U.S., which isnt subject to the agreement.

U.S. government data released Wednesday showed that weekly domestic crude production rose and inventories fell less than expected, deepening skepticism that production cuts from the Organization of the Petroleum Exporting Countries and its allies arent making a dent in elevated global stockpiles.

On Nymex, after a 1.3% gain Wednesday, June gasoline RBM7, -1.39% fell 3.4% to $1.481 a gallon and June heating oil HOM7, -1.47% lost 4.2% to $1.412 a gallon.

Natural-gas futures extended earlier weakness after the EIA on Thursday reported a larger-than-expected weekly rise in U.S. natural-gas supplies.

Inventories rose by 67 billion cubic feet for the week ended April 28. Analysts polled by S&P Global Platts forecast an increase of 61 billion cubic feet.

June natural gas NGM17, +0.00% settled at $3.186 per million British thermal units, down 4.2 cents, or 1.3%.

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Oil prices drop 5% as Libya output risks ease - MarketWatch

Boris Johnson meets rivals for power in Libya – The Guardian

General Khalifa Haftar, who met Boris Johnson on his visit to Tripoli. Photograph: Abdullah Doma/AFP/Getty Images

The British foreign secretary, Boris Johnson, flew to Tripoli on Thursday to give his personal support for the fledgling peace process in Libya by meeting the Libyan prime minister, Fayez al-Serraj, and his rival Khalifa Haftar.

Johnson had planned the trip for some time but, by good fortune, the visit came the day after Serraj had met Haftar in Abu Dhabi where the two men agreed to work towards fresh presidential elections by March next year.

It had been the first time the two sides had met for more than a year and was a coup for Egyptian diplomacy in its efforts to persuade the heads of the institutions in the east and west of the country to work together.

Serraj has been running a UN-backed government from Tripoli largely representing the west of the country, while Haftar heads the Libyan National Army that dominates eastern areas of the country. He has become the standard bearer of forces encamped in the Tobruk-based Libyan parliament, the House of Representatives.

The Foreign Office kept the Johnson trip under wraps due to the military instability in Tripoli, including recent kidnappings and firefights. Johnson also met Abdurrahman Swehli, the president of Libyas high state council, an advisory body opposed to Haftar.

The UK has been supportive of the UN-backed Serraj government, but has recently accepted that the political agreement signed in December 2015 needs revision and Haftar needs to be given a greater role, so long as he is under some form of political control.

In his meetings, Johnson underlined the importance of Libyas legitimate political institutions working together to break the political deadlock which is prolonging instability and the suffering of the Libyan people.

Speaking after the visit to Tripoli, Johnson said: Libyas political and social groups need to seize the momentum offered by the welcome meeting between prime minister Seraj and marshall Heftar earlier this week to set out a path towards Libyan reconciliation and unity.

Security, stability and prosperity can only be achieved when the countrys leaders choose to get together and work out a plan for the common benefit of the Libyan people.

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Boris Johnson meets rivals for power in Libya - The Guardian

EU plans to keep migrants in Libya would trap thousands in ‘catastrophic conditions’, Germany warns – The Independent

Any attempt to prevent refugees crossing the Mediterranean Sea by holding them in Libya would trap thousands of men, women and children in catastrophic conditions, the EU has been warned.

Sigmar Gabriel, the German foreign minister and Vice Chancellor, rowed back on Berlins previous support for plans ledby Italy to increase cooperation with the war-torn African state.

Ruthless smugglers have capitalised on widespread lawlessness to expand their human trade, while migrants are routinely detained by armed gangs and extorted or forced into forced labour and prostitution.

The camps existing on the ground already show horrible and catastrophic conditions, Mr Gabriel said.

The idea to set up [EU-backed] camps...would be an utter disregard of circumstances for the people.

Italy signed a deal with the fragile Libyan Government of National Accord (GNA) in Tripoli in February that also promised training, equipment and money to fight human traffickers - an agreement initially endorsed by EU states at a summit in Malta.

But the move has been criticised by humanitarian groups and the UN, which warned refugees suffer arbitrary detention, rape and torture.

Desperate journeys: Rescued at sea, refugees detail abuse in Libya

Last month, Pope Francis said the holding centres had become "concentration camps", while the International Organisation of Migration documented young African men being traded in slave markets.

The dire situation has so far scuppered prospects of replicating the controversial EU-Turkey deal, which has cut boat crossings over the Aegean Sea by seeing anyone arriving on Greek islands detained under the threat of deportation.

Mr Gabriel said parallels should not be drawn because Ankara had granted access to its camps to UN human rights experts.

"All of that does not apply to Libya, he told reporters in in the Ethiopian capital Addis Ababa after a meeting with African Union officials.

What we are trying instead is to help stabilise the countries on the continent. But that is difficult.

Turkey was offered huge amounts of money towards housing millions of refugees as part of the agreement, but there are concerns funding in Libya could pass to countless armed groups including Islamists and Isis.

The EU is currently considering a request for equipment including ships armed with machine guns for the Libyan coastguard, which itself which stands accused of beating and shooting refugees while pushing back boats launched by smugglers into the Mediterranean Sea.

Improving the capacity of the Libyan authorities to better manage borders and migration is a key objective of the EU's approach including that agreed by the EU and member states in Malta on 3 February, a spokesperson for the European Commission said.

"We are looking at ways in which we can follow this up in terms of providing non-military assets that would enable those that we have trained to do their job in the Libyan territorial waters.

A warlord supported by Russia, Khalifa Haftar, runs a rival government and army in eastern Libya that does not recognise the authority of the UN-backed GNA.

Both sides issued statements promising to calm tensions and fight terrorism on Wednesday, but offering no way forward for a political deal to unify the fractured country.

General Haftar and Prime Minister Fayez Seraj met in Abu Dhabi but were unable to agree on a hoped-for joint declaration.

Conflicting accounts of initial agreements and leaks of documents neither side signed have confused international mediation and negotiations to end the conflict in Libya, where a civil war has continued to rage since the British-backed ousting of Muammar Gaddafi in 2011.

The country is now the main launch point for smugglers boats carrying refugees to Europe, with more than 37,000 asylum seekers crossing from Libya to Italy so far this year, and a record of 1,100 dying on the treacherous voyage.

Men carry bags containing dead bodies of migrants as they bury them in a cemetery fin Sabratha, Libya, on 18 April (Reuters)

Charities operating rescue ships in the Central Mediterranean have increasingly come under attack for taking migrants to Italy, being accused of aiding smugglers.

The Migrant Offshore Aid Station (Moas) group appeared before an Italian committee conducting a fact-finding mission on the claims on Thursday, as numerous rescue operations were underway at sea.

Representatives Ian Ruggier told politicians that the maritime rescue coordination centre in Rome (MRCC) has de facto responsibility for the coordination of all search-and-rescue activities and confirmed the group has no contact with gangs in Libya.

We hope that attention can now be diverted back to the unfolding crisis; and that efforts on all sides can be channelled to finding the sustainable, legal and humanitarian solutions hundreds of thousands of people desperately need, a spokesperson for Moas said.

Director Regina Catrambone said that search and rescue operations were not a solution to the crisis and called for lasting solutions, adding: It is time for European and national leaders to step up and provide those alternatives.

The hearing came as the European Commissioner for Migration urged China to stop the export of rubber dinghies used by people smugglers in the Mediterranean.

I requested the support and cooperation from the Chinese authorities in order to track down this business and dismantle it, because what they produce is not serving the common good of the country, Dimitris Avramopoulos said after a meeting Chinese ministers.

A conference by the 28-nation Union for the Mediterranean was also held on Thursday, seeing members meeting in Malta reinstate their commitment to addressing the root causes of irregular migration, including conflict, persecution, poverty and drought.

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EU plans to keep migrants in Libya would trap thousands in 'catastrophic conditions', Germany warns - The Independent