Sunday 22 October 2017
(Liberian Observer 09/07/17)
The Spokesman of Al-Bunyan Al-Marsoos forces and the UN-proposed government's Defense Ministry, Brigadier General Mohammed Al-Ghasri, has revealed that there could be some sort of military operation by NATO in Libya. Speaking to Alnabaa TV, Al-Ghasri said Tuesday that the current surveillance operation that NATO had started in Libya will be followed by military operations, adding that the whole process will be in coordination with the UN-proposed Presidential Council and Defense Ministry. Al-Ghasri added that what Libya is in need for now is a prepared army, indicating that internal training centers in the country are sufficient for such a necessity. "The Libyan army should be unified and any foreign military presence in the country should come to an end as...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for its manganese. While ARM is “confident in the long-term outlook for commodities,” the company said prices will “remain volatile” this year. The rand, in which ARM pays most of its costs, has strengthened against the dollar this year, reducing earnings...
(Bloomberg 09/06/17)
The pipeline that transports crude from Libya’s largest oil field reopened after a halt of more than two weeks, putting pressure on OPEC and other producers seeking to rein in a global supply glut and firm up prices. Libyan authorities reopened a valve on the pipeline from the southwestern Sharara field to the Zawiya refinery after they reached a final agreement with a militia group that had closed the link, according to a person familiar with the matter, who asked not to be identified because the information is private. The pipeline’s reopening is a step toward allowing Sharara to resume output on Wednesday, the person said. State-run National Oil Corp. accused the group earlier of closing three fields since August...
(Xinhuanet 09/06/17)
Libya's state-owned General Electricity Company on Tuesday said that a number of new electrical connections were recently installed for some residential neighborhoods in Tripoli that were damaged by excessive power loads. The capital city has been plagued by frequent blackouts, Ayad Rajab of the company's maintenance and operations department told Xinhua. Rajab said that the company carried out maintenance on a low pressure cable damaged by overloads, confirming another cable line will be put into use to improve services. Rajab also called on residents to rationalize power consumption, pointing out that illegal connections have had a negative impact on the electricity network. Libya has suffered frequent power blackouts that last as long as 12 hours a day after foreign companies...
(Reuters (Eng) 09/06/17)
Libyan security forces said on Tuesday that the bodies of 16 migrants had been found in the desert near the country’s border with Egypt. The bodies were found about 310 km (190 miles) southwest of the coastal city of Tobruk, said Ahmed al-Mismari, spokesman for the eastern-based Libyan National Army. He said the area was still being searched and no more details were available about the migrants’ identities. In the past, patrols and rescuers have recovered the bodies of Egyptian migrants who have perished after being stranded or abandoned by smugglers in Libya’s eastern desert. Some migrate to Libya to search for work, and some try to reach Europe by boat.
(The Libya Observer 09/06/17)
The issue of evacuating the foreign workers from Sharara oilfield in Libya has shed light on a lot of ambiguity as to what the reasons are. Reuters reported an engineer at the field on Monday as saying that the field had been temporarily evacuated because of unspecified information about an armed group nearby. 16 workers from countries including Spain, France, the Philippines and Serbia had been evacuated and were expected to return on Wednesday, he said, according to Reuters. Reuters added that local media reports mentioned the presence of an armed group near the field. There was no comment from the National Oil Corporation (NOC), which runs the field in partnership with oil companies Repsol, Total, Statoil and OMV. Meanwhile,...
(The Libya Observer 09/06/17)
Head of Presidential Council, Fayez Sirraj, Head of Public Services Company and the deans of the greater Tripoli municipalities have held a meeting to discuss ways of overcoming the garbage crisis in the capital. During the meeting, Sirraj promised to provide all possible support to the Public Services Company in order to solve the problem of the accumulation of trash in the streets of the capital, stressing the importance of communication and coordination with the Ministry of Local Government and other concerned authorities to in find practical solutions to the problem of garbage. Safa Alharathy
(The Libya Observer 09/05/17)
The Libyan Foreign Minister of the UN-proposed government, Mohammed Sayala, held a joint conference with his French counterpart, Jean-Yves Le Drian, on Monday in Tripoli. The French FM reiterated his country's support for finding a peaceful solution by contacting with all the Libyan conflicting parties. "France is one of the first countries to urge for stability in Libya and that was included in the Paris joint declaration that said the Libyan crisis must end by amending the political agreement and then holding elections in the country." He added. Also in Tripoli, Le Drian met with the Head of the Presidential Council, Fayez Al-Sirraj, who discussed practical support for the Libyan Coast Guard and Presidential Guard. Le Drian indicated also that...
(AfricaNews 09/05/17)
Libyan Presidency Council head Fayez Serraj and Libyan National Army (LNA) leader Khalifa Hafter will attend the latest African Union (AU) mini-summit on the Libyan crisis, which takes place in the Congolese capital Brazzaville on Friday. According to the Libyan news agency LANA, House of Representatives (HoR) president Ageela Saleh, State Council President Abdulrahman Sewehli and the head of the HoR dialogue committee, Abdulsalam Nassiyah will also attend. The mini-summit is being organised by the African Union High Level Committee on Libya, headed by Congolese President Denis Sassou Nguesso. The committee comprises Niger, Mauritania, South Africa and Ethiopia. Neighbouring states, including Chad, Sudan, Egypt, Tunisia and Algeria have also been invited to the Summit. It follows the AU summit in...
(The Libya Observer 09/05/17)
A video has shown the black flag of ISIS atop a military vehicle of Dignity Operation in central Libya. ISIS fugitives in Libya are receiving national and international support, Chief of Military Intelligence of Al-Bonyan Al-Masrous Operation, Brig. Gen Mohammed Ganaidi, has revealed, adding that the military vehicles that the radical group is using around Sirte now had been imported from a Gulf state. Speaking to Alnabaa TV on Monday, Ganaidi said Dignity Operation had imported military vehicles from the United Arab Emirates, but they ended up in the hands of ISIS extremists. “ISIS fugitives used these vehicles at checkpoints 20 and 90 east of Sirte,” he said. Ganaidi estimated that there are about 300 ISIS militants moving freely in...
(The Telegraph 09/05/17)
A humanitarian organisation that has saved the lives of 40,000 migrants in the Mediterranean has suspended its operations, citing security concerns and “increasing instability” off the coast of Libya. The Malta-based Migrant Offshore Aid Station, which was founded by a pair of philanthropists, said it wanted nothing to do with Libya’s interception of migrant boats leaving its coast. It will instead redeploy its flagship, the Phoenix, to South-east Asia to help Rohingya refugees who are fleeing from Myanmar to Bangladesh. The Libyan coast guard, trained and financed by the EU, has in recent weeks been blocking migrant boats and pushing them back to the coast. Human rights groups say migrants, most of them sub-Saharan Africans, face appalling conditions in holding...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to thank: in South Africa, a bumper corn harvest following the worst drought in more than a century saw the sector surge 34 percent from the prior quarter, while in Nigeria, where farming vies with industries as the second-biggest contributor to...
(AFP (eng) 09/04/17)
French Foreign Minister Jean-Yves Le Drian held talks in Tripoli on Monday pledging his country's support for efforts to resolve Libya's political and security chaos. "This is a signal of the commitment of France, of President (Emmanuel) Macron's will, to contribute to resolving this crisis," Le Drian told reporters on a visit to the Libyan capital. Le Drian said the visit was a follow-up to a July 25 accord sealed in Paris between the two main rivals in Libya, its UN-backed Government of National Accord head Fayez al-Sarraj and military strongman Khalifa Haftar who backs a rival administration in the east of the country. "Our objective is the stabilisation of Libya in the interest of Libyans themselves but also in...
(Xinhuanet 09/04/17)
Libya's eastern-based army spokesman on Sunday said that Islamic State (IS) affiliates are attempting to move from the south to coastal areas in northern Libya. Spokesman Col. Ahmad Mismari posted on Facebook on Sunday"The terrorist group IS is attempting from time to time to move in small groups from the desert to coastal areas." "They (IS) have kidnapped some civilians from the area. Our patrol is following up their movements," he said. Mismari revealed that the movement comes in a time when the rival Benghazi Defense Brigades and the forces of the UN-backed government are mobilizing and stationing 20 km eastern Sirte city. The Libyan army led by Major General Khalifa Haftar has been engaged in a violent war for...
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of sub-Saharan Africa’s GDP and their recoveries may boost trade and production across the region. The reasons differ: while Nigeria, the continent’s biggest oil producer, is benefiting from a rebound in crude output, stronger retail sales may help drive growth in...
(Financial Times 08/31/17)
Libya’s crude production has fallen by more than 30 per cent after armed militants blockaded pipelines and closed oilfields, costing the conflict-ridden African producer $160m in lost revenues, the national oil company said on Wednesday. The largest Libyan oil field, Sharara, has been closed for more than ten days while another, El Feel, shut this week, after militias seized pipelines linking them to export terminals. Hamada has also been closed because of a pipeline blockade. This has taken production down by 360,000 barrels a day and forced the country to declare force majeure on the three fields. “These gangsters are not only harming the country but their own people,” said Mustafa Sanalla, chairman of the National Oil Corporation. “I call...
(Reuters (Eng) 08/31/17)
Italy denied on Wednesday that it supported a deal to pay armed groups implicated in human trafficking to prevent migrants crossing the Mediterranean. The Associated Press reported on Tuesday that Libya’s U.N.-backed government in Tripoli, as part of a deal backed by Italy, was paying militias and giving them equipment and boats to prevent migrant vessels setting off. “The foreign ministry firmly denies that there is an agreement between Libyan traffickers and the Italian government,” an official from the Italian ministry’s press office said. “The Italian government does not deal with traffickers”, the official added. A new force in the Libyan coastal town of Sabratha is preventing people leaving, often by locking them up, sources in the area have told...
(Bloomberg 08/31/17)
Libya’s oil production has dropped by 361,000 barrels a day, equal to 35 percent of output last month, taking some of the heat off of OPEC’s struggle to reduce a global glut. The North African country’s lost production is worth $160 million since Aug. 19 as “gangsters” took over pipelines and facilities that forced the shut down of the Sharara field, the nation’s biggest, and the Hamada and El Feel, or Elephant, deposits, according to state-run National Oil Corp. The drop puts output at about 660,000 barrels a day compared with the four-year high of 1.02 million barrels in July, according to data compiled by Bloomberg. That would be the lowest level since April, the data show. “Our production was...
(The Libya Observer 08/31/17)
The Libyan ambassador at the UN, Al-Mahdi Al-Majrbi, called on the UN Security Council on Monday for assisting Libya to preserve its frozen assets overseas and save them from loss. Al-Majrbi indicated, in a UN Security Council meeting about Libya on Monday, that the UN-proposed government did not request the unfreezing of the assets, but rather finding a way that can preserve them as they are frozen overseas. “Libya’s assets are shrinking as the foreign banks decline to control them and as normal.” He explained, adding that foreign banks are burdening the Libyan assets with negative interests leading to continuous losses. 76 billion dollars are the Libyan frozen assets in overseas banks since March 2011, according to the UN report...
(Libya Herald 08/31/17)
Libya will not be able to overcome the challenges it currently faces unless it revives the economy and stimulates job creation said Presidency Council (PC) deputy Ahmed Maetig. He was speaking in Berlin yesterday to the German-Libyan Economic Forum. He emphasised the importance of developing small and medium enterprises (SMEs), the private sector and the need to reactivate infrastructure projects. These, he said, were crucial to rebuilding a functioning Libyan state. Maetig praised PC efforts to raise Libyan oil production to over a million barrels a day as well as last year’s liberation of Sirte from the so-called Islamic State by the Misratan-led Bunyan Marsous operation. Declaring that the forum marked the beginning of a new partnership with Germany, establishing...

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