Libya to resume oil production after central bank dispute ends

Libya's National Oil Corporation on Thursday announced the resumption of oil production at its Sharara and El-Feel oil fields, which were both closed in August over a Central Bank leadership row. (X: @NOC_Libya)
Short Url
Updated 04 October 2024
Follow

Libya to resume oil production after central bank dispute ends

  • Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, producing up to 300,000 barrels per day
  • Authorities in Benghazi closed the oilfields on Aug. 26 after the Tripoli-based Presidential Council replace the veteran central bank chief

CAIRO: Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two of its major fields amid a political crisis.
The National Oil Corporation said in a statement that it would resume production at the Sharara and El-Feel oil fields, and export shipments from Es Sider, the country’s largest port. In August, the company declared “force majeure,” a legal maneuver that lets a company get out of its contracts because of extraordinary circumstances.
As part of the review of the force majeure situation, NOC confirmed in its statement that it “can resume the operations of crude oil production and exporting operations to its customers.”
The National Oil Corporation previously blamed the shutdown on the Fezzan Movement, a local protest group. It came as the country’s rival authorities were locked in a dispute over the governance of its Central Bank, which distributes the country’s oil revenues.
In August, the UN warned that the country was poised to face even greater instability due to the dispute. But that was resolved in recent days, when the country’s parliament appointed a new governor to the bank.
Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, producing up to 300,000 barrels per day.  It was exporting most of it. In September, exports averaged 460,000 bpd according to oil analytics firm Kpler.

The oil-rich country has been in political turmoil since a NATO-backed uprising toppled and killed longtime dictator Muammar Qaddafi in 2011. Since then, Libya has been split between rival administrations in the east and the west, each backed by militias and foreign governments.

The latest dispute
NOC declared force majeure on Aug. 7 at Sharara oilfield — one of Libya’s largest production areas with a capacity of about 300,000 barrels per day — and on Elfeel oilfield on Sept.2.
Sharara is located in southwestern Libya and operated by a joint venture of NOC with Spain’s Repsol, France’s TotalEnergies, Austria’s OMV, and Norway’s Equinor.
Elfeel has a capacity of 70,000 barrels per day and is operated by Mellitah Oil and Gas, a joint venture between NOC and Italy’s Eni.
Two engineers at the field told Reuters the oilfield resumed production but not with full capacity due to maintenance work.
Earlier, three engineers said there were some “technical problems” at Elfeel.
The government in Benghazi in the east said oil production and exports would resume normal operations, after the rival authorities agreed last month to appoint Issa as new central bank governor.
Authorities in the second-largest city had closed oilfields and halted most of crude exports on Aug. 26 in protest against a move by the Presidential Council, which sits in Tripoli in the west, to replace veteran central bank chief Sadiq Al-Kabir.
The head of the Presidential Council, Mohamed Al-Menfi, met with Issa on Wednesday and stressed “the need for the central bank governor to commit to the technical role of the bank, stay away from politics, and not surpass the legal jurisdictions of the board of directors.”
The United Nations Support Mission in Libya UNSMIL welcomed in a statement NOC announcing the lifting of force majeure on oil production.
The mission emphasized that “it is essential that revenues from this vital resource be channeled through the appropriate institutional framework, and ultimately to the Central Bank of Libya.”


16 injured after Israel hit by Yemen-launched ‘projectile’

Updated 7 min 52 sec ago
Follow

16 injured after Israel hit by Yemen-launched ‘projectile’

  • The projectile fell in Bnei Brak town, east of Tel Aviv
  • Yemen’s Houthis claim missile attack on central Israel

JERUSALEM: Israel’s military said Saturday it had failed to intercept a “projectile” launched from Yemen that landed near Tel Aviv, with the national medical service saying 14 people were lightly wounded.

“Following the sirens that sounded a short while ago in central Israel, one projectile launched from Yemen was identified and unsuccessful interception attempts were made,” the Israeli military said on its Telegram channel.

Yemen’s Houthi rebels claimed responsibility for the missile attack in central Israel on Saturday, in a statement the Houthis said they had “targeted a military target of the Israeli enemy in the occupied area of” Tel Aviv using a ballistic missile. Israeli rescuers earlier reported 16 wounded in the attack.

Yemen’s Iranian-backed Houthi rebels have repeatedly launched missile attacks against Israel since the war in Gaza began more than a year ago, most of which have been intercepted.

In return, Israel has struck multiple targets in Yemen — including ports and energy facilities in areas controlled by the Houthis.

“A short time ago, reports were received of a weapon falling in one of the settlements within the Tel Aviv district,” Israeli police said Saturday.

According to Israeli media, the projectile fell in the town of Bnei Brak, east of Tel Aviv.

Israel’s emergency medical service said 14 people had been injured.

“Additional teams are treating several people on-site who were injured while heading to protected areas, as well as those suffering from anxiety,” a spokesman said.

The Houthi rebels say they are acting in solidarity with Palestinians and last week pledged to continue operations “until the aggression on Gaza stops and the siege is lifted.”

On December 9, a drone claimed by Houthis exploded on the top floor of a residential building in the central Israel city of Yavne, causing no casualties.

In July, a Houthi drone attack in Tel Aviv killed an Israeli civilian, prompting retaliatory strikes on the Yemeni port of Hodeidah.

The Houthis have also regularly targeted shipping in the Red Sea and the Gulf of Aden, leading to retaliatory strikes on Houthi targets by US and sometimes British forces.

The rebels said Thursday that Israeli air strikes that day killed nine people, after the group fired a missile toward Israel, badly damaging a school.

While Israel has previously hit targets in Yemen, Thursday’s were the first against the rebel-held capital Sanaa.

“The Israeli enemy targeted ports in Hodeida and power stations in Sanaa, and the Israeli aggression resulted in the martyrdom of nine civilian martyrs,” rebel leader Abdul Malik Al-Houthi said in a lengthy speech broadcast by the rebels’ Al-Masira TV.

Israel said it struck the targets in Yemen after intercepting a missile fired from the country, a strike the rebels subsequently claimed.

Houthi spokesman Yahya Saree said they had fired ballistic missiles at “two specific and sensitive military targets... in the occupied Yaffa area,” referring to the Jaffa region near Tel Aviv.


Qatar embassy reopens in Damascus with flag raising: AFP

Updated 4 sec ago
Follow

Qatar embassy reopens in Damascus with flag raising: AFP

DAMASCUS: Qatar reopened its embassy in Damascus on Saturday, 13 years after it was shut early in Syria’s civil conflict, as foreign governments seek to establish ties with the country’s new rulers.
An AFP journalist saw Qatar’s flag raised over the mission, making it the second country, after Turkiye, to officially reopen its embassy since Islamist-led rebels drove president Bashar Assad from power earlier this month.


Syria’s new rulers name Asaad Al-Shibani as foreign minister, state news agency says

Updated 24 min 24 sec ago
Follow

Syria’s new rulers name Asaad Al-Shibani as foreign minister, state news agency says

Syria’s new rulers have appointed a foreign minister, the official Syrian news agency (SANA) said on Saturday, as they seek to build international relations two weeks after Bashar Assad was ousted.
The ruling General Command named Asaad Hassan Al-Shibani as foreign minister, SANA said. A source in the new administration told Reuters that this step “comes in response to the aspirations of the Syrian people to establish international relations that bring peace and stability.”
No details were immediately available about Shibani.
Syria’s de facto ruler, Ahmed Al-Sharaa, has actively engaged with foreign delegations since assuming power, including hosting the UN’s Syria envoy and senior US diplomats.
Sharaa has signaled a willingness to engage diplomatically with international envoys, saying his primary focus is on reconstruction and achieving economic development. He has said he is not interested in engaging in any new conflicts.


US delegation to Syria says Assad’s torture-prison network is far bigger than previously thought

Updated 21 December 2024
Follow

US delegation to Syria says Assad’s torture-prison network is far bigger than previously thought

  • In first official visit to Syria by US officials in 12 years, team led by secretary of state for near eastern affairs meets the country’s interim leadership
  • As they search for missing Americans, delegates discover the number of regime prisons could be as high as 40, much more than the 10 or 20 they suspected

CHICAGO: There are “many more” regime prisons in Syria than previously believed, a high-level delegation of US diplomats said on Friday as they searched for missing Americans in the country.

In the first official visit to Syria by American officials in 12 years, the delegation met on Friday with members of the country’s interim leadership both to urge the formation of an inclusive government and to locate US citizens who disappeared during the conflict.

Western countries have sought to establish connections with senior figures in the Hayat Tahrir Al-Sham militant group that led the offensive which forced President Bashar Assad from power this month.

Secretary of State for Near Eastern Affairs Barbara Leaf, who led the US delegation, told journalists, including Arab News, that the delegates attended a commemorative event for “the tens of thousands of Syrians and non-Syrians alike who were detained, tortured, forcibly disappeared or are missing, and who brutally perished at the hands of the former regime.”

Among the missing Americans are freelance journalist Austin Tice, who was kidnapped in 2012, and Majid Kamalmaz, a psychotherapist from Texas who disappeared in 2017 and is thought to have died.

Special Presidential Envoy for Hostage Affairs Roger Carstens, who is part of the delegation, said the number of prisons in which detainees were tortured and killed by the Assad regime is much higher than suspected.

“We thought there’d be maybe 10 or 20,” he said. “It’s probably more like 40; it might even be more. They’re in little clusters at times. Sometimes they’re in the far outreaches of Damascus.

“Over 12 years, we’ve been able to pinpoint about six facilities that we believe have a high possibility of having had Austin Tice at one point or another. Now, over the last probably 11 or 12 days, we’ve received additional information based on the changing conditions, which leads us to add maybe one or two or three more facilities to that initial number of six.”

Carstens said the US has limited resources available in Syria and will focus on six of the prisons in an attempt to determine Tice’s fate. But he said the search would eventually expand to cover all 40 prison locations.

“We’re going to be like bulldogs on this,” he said. “We’re not going to stop until we find the information that we need to conclude what has happened to Austin, where he is, and to return him home to his family.”

He said the FBI cannot be present on the ground in Syria for an extended period of time to search for missing Americans “right now,” but suggested this might change in the future. Meanwhile, the US continues to work with “partners,” including nongovernmental organizations and the news media in Syria, he added.

Leaf confirmed the delegation met Ahmad Al-Sharaa, the commander of Hayat Tahrir Al-Sham, an Islamist group that was once aligned with Al-Qaeda and is still designated as a terrorist organization by Washington. She said she told Al-Sharaa the US would not pursue the $10 million reward for his capture, and hoped the group will be able to help locate Tice and other missing Americans.

The delegation received “positive messages” from the Syrian representatives they met during their short visit, Leaf said. America is committed to helping the Syrian people overcome “over five decades of the most horrifying repression,” she added.

“We will be looking for progress on these principles and actions, not just words,” she said. “I also communicated the importance of inclusion and broad consultation during this time of transition.

“We fully support a Syrian-led and Syrian-owned political process that results in an inclusive and representative government which respects the rights of all Syrians, including women and Syria's diverse ethnic and religious communities.”

Leaf said the US would be able to help with humanitarian assistance and work with Syrians to “seize this historic opportunity.”

She added: “We also discussed the critical need to ensure terrorist groups cannot pose a threat inside of Syria or externally, including to the US and our partners in the region. Ahmad Al-Sharaa committed to this.”

Bringing Assad to justice for his crimes, particularly those carried out during the civil war, which started in 2011, remains a priority for the US government, Leaf said.

“Syrians desperately want that,” she added.

She called on the international community to offer technical expertise and other support to help document Assad’s crimes, including evidence from the graves and mass graves that have been uncovered since his downfall on Dec. 8.


UAE sends 3,000 tonnes of aid on ship bound for Lebanon

Updated 21 December 2024
Follow

UAE sends 3,000 tonnes of aid on ship bound for Lebanon

DUBAI: The UAE on Friday dispatched a second aid ship carrying 3,000 tonnes of relief materials to Lebanon.  
The ship departed Port of Jebel Ali, bound for the Port of Beirut, as part of the “UAE Stands with Lebanon” initiative which started in October. 
It carries a wide range of essential aid supplies, such as food, winter clothing and items specifically designed for children and women, state-run WAM reported. 
The statement noted that this was the second UAE relief aid ship to carry various relief supplies from UAE donor agencies, humanitarian institutions to Lebanon, noting that the ship was expected to arrive by the end of this month.
The UAE has consistently reaffirmed its unwavering position towards the unity of Lebanon and its national sovereignty since the Israeli escalation in southern Lebanon.
In October, UAE President Sheikh Mohamed bin Zayed directed the delivery of an urgent $100 million relief package to help the people of Lebanon.