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OIL AND GAS
Libyan prime minister says oil crisis resolved
by Daniel J. Graeber
Washington (UPI) Aug 5, 2014


Rebels push Libyan forces away from fuel depot in Tripoli
Tripoli, Libya (UPI) Aug 4, 2013 - A fuel fire near the international airport in Tripoli may be on the verge of creating a humanitarian and environmental disaster, the Libyan government said.

The Libyan government said a fuel depot near the airport suffered a direct hit after militias armed with heavily artillery surrounded the area.

"This led to the withdrawal of firefighters," Sameer Kamal, spokesperson for the Ministry of Oil, said Sunday.

The spokesman said the smoke and fire could present a major threat to the surrounding area in Tripoli.

At least 200 people have died as a result of fighting between Islamist militias and pro-government forces since July. Foreign governments, including the United States and European powers, have suspended diplomatic operations in Libya because of the recent outbreak of violence.

The interim government in Tripoli said last week it needed outside help in controlling the violence. International forces intervened in Libya's civil war in 2011, sparking the downfall of the regime of Moammar Gahdafi and his eventual death.

The Libyan National Oil Co. said the violence made it difficult to feed the domestic gasoline market, leaving many filling stations without fuel.

Escalating violence in Tripoli prompted the British Foreign and Commonwealth Office to close its embassy Monday. The HMS Enterprise is in the area helping evacuate British nationals from Libya.

The Libyan government has managed to resolve its oil crisis and all ports are in operation, the Libyan prime minister said from Washington.

Libyan Prime Minister Abdullah al-Thinni met with U.S. Secretary of State John Kerry in Washington for the U.S.-Africa Leaders Summit as his administration took steps to end a period of political change. The new parliament met for the first time Monday about 900 miles east of Tripoli, where pro-government forces are battling heavily armed militias.

Thinni said he valued Washington's role in helping bring stability to the region, including a decision to raid a vessel loaded with oil taken from rebel-held territory earlier this year.

"As a result, the Libyan government has managed to solve the crisis of the oil," he said in a statement Monday. "We have four oil ports that are able to export oil."

Data provided by the Platts energy news service show oil production from Libya is recovering from the June low of 150,000 barrels per day, but is well short of the 1.5 million bpd produced before the onset of the post-war security crisis in May 2013.

With hundreds of people dead in the latest spate of fighting, Kerry said Libya was in a critical stage of transition.

"Libya's challenges can really only be solved by Libyans themselves, but we are committed to stand by them as they engage in the difficult work of doing so," he said in a statement.

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Moscow (UPI) Aug 5, 2014
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