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SVM 32I working at Biscuit Packaging Line in Libya 2
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SVM 32I working at Biscuit Packaging Line in Libya 2 - Video

San Lorenzo 2-1 Auckland City FC 18.12.2014 FIFA Club World Cup
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By: MMBA LIBYA

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San Lorenzo 2-1 Auckland City FC 18.12.2014 FIFA Club World Cup - Video

PREDATOR X18-S RACING Libya Buggy HD
Buggy is generally used to refer to any lightweight automobile with off road capabilities and sparse bodywork. Most are built either as a kit car or from scratch. Thanks for watching , Like/Dislike...

By: Federico Marmo

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PREDATOR X18-S RACING Libya Buggy HD - Video

Libyas oil output fell below its own consumption as fighting spread to Mellitah, a region that hosts the countrys fourth largest oil port, the state petroleum company said.

National Oil Corp. already this month declared force majeure at two export terminals, Es Sider and Ras Lanuf, after an attempt by Islamist militias to capture them. Force majeure is a legal status that protects a company from liability when it cant fulfill a contract for reasons beyond its control.

National Oil yesterday reported clashes in the Mellitah area, Libyas westernmost oil port. There is no damage to the facilities till this hour, and the port of Mellitah is still open, said Mohammed Elharari, the spoksman of the company, by phone in Tripoli, without giving an estimate for the nations current oil output.

Oil Prices

The U.S. Energy Information Administration estimates Libyas consumption was 239,000 barrels of oil a day in 2013. The last estimate of the countrys production, on Dec. 15, was 350,000 barrels a day, according to two people with direct knowledge of upstream operations.

Sitting on Africas largest oil reserves, the North African country produced about 1.6 million barrels a day before the 2011 rebellion that ended Muammar Qaddafis 42-year rule.

National Oil Corp. is following with deep concern the events that happened over past two days in the region of Mellitah and their implications for the oil and gas complex, the NOC said in a statement on its website yesterday.

Libya is divided after its internationally recognized government, led by Abdullah al-Thinni, sought refuge in the countrys eastern region after Islamist militias took over Tripoli about five months ago. Omar al-Hassi set up a rival government in the capital with the backing of Islamist militants. Thinni announced plans this month to assert his governments control of oil payments made by foreign companies, prompting the Islamist forces backing his rival to try to seize the oil terminals protected by the Petroleum Facilities Guard.

The current picture of ports and producing facilities is a harbinger to dangerous consequences should the crisis not be solved soon, NOC said, and called on rival forces to spare the petroleum industry, the livelihood of all the Libyans.

The fighting near Mellitah also affected gas exports to Italy, by curbing gas production at the offshore Bahr Essalam field, one of the two reservoirs that feed the sub-sea pipeline that takes the fuel across the Mediterranean Sea, according to NOC. The other field is Wafa, onshore, according to documents on the website of Eni Spa, the Italian pipeline operator.

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Libya Oil Output Drops as Fighting Spreads to Third Oil Port

African leaders urge West to act on Libya
African leaders on Tuesday urged western nations to act to resolve the crisis in Libya which has sent shock waves across the vast arid Sahel band and threate...

By: CCTV Africa

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African leaders urge West to act on Libya - Video