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Libya (2)

Turkey-Libya energy accord riles Mediterranean waters

Egypt and Greece are calling on Turkey and Libya to scrap an energy exploration agreement that critics say violates exclusive economic zones off the Mediterranean coast.

Bashagha Urges Neighbouring Countries Not to Demarcate Maritime Borders with Libya

The Libyan Parliament- designated Prime Minister, Fathi Bashagha called on Egypt, Turkey, and Greece not to take unilateral decisions regarding demarcating the maritime borders with Libya.

Greece Expands Exploration Areas in Eastern Mediterranean

The navigation warning (Navtex) issued by Greece on Saturday expanded the area of seismic surveys for oil and natural gas deposits, off the coast of Crete.

EU's Operation IRINI seizes "illegal" shipment of armoured vehicles bound for Libya

The European Union Naval Operation IRINI announced that it inspected a Dutch-flagged merchant ship bound for Libya and the "illegal cargo" it was carrying onboard.

Libya’s complicated push for more oil production

Political upheaval threatens the nation’s top export, including a spring shutdown of oil fields that deeply cut production. But Tripoli has resumed higher output at a critical time.

Libya’s Economic Chaos Worsens As Result of Global Oil And Gas Supply Crisis

Libya sits on the largest known oil reserves in Africa and is heavily dependent on revenues from oil and gas exports. In more recent years, it has been controlled at various points by rebels and the..

Operation IRINI finds cargo in breach of UN arms embargo

On 18 July, Operation IRINI conducted an inspection of the MV VICTORY RORO off the coast of Libya. The ship was found to be transporting vehicles to Libya in breach of the UN arms embargo.

Libya suspends oil shipments from key port amid political crisis

Libya’s state oil company suspended shipments from the key eastern port of Ras Lanuf, according to people familiar with the matter, amid a worsening political crisis in the OPEC member. The National..

Groundhog day in Libya

‘Libya has two prime ministers. Again. Groundhog day,’ Anas El Gomati, Director of Libya’s Sadeq Institute think tank, tweeted recently. Once again, the chronically troubled country has two rival..

Libya To Open All Ports When Oil Revenue Dispute Is Resolved

Libya expects to open all its oil loading terminals after it sets up a mechanism for a fair distribution of the country’s oil revenues among the regions, Parliament Speaker Aqila Saleh told U.S...