Lost oil revenues have cost Libya $30 billion: central bank

By Ulf Laessing TRIPOLI (Reuters) – Libya has lost $30 billion due to 10 months of protests at oilfields and export terminals but has sufficient foreign currency reserves to keep the country running, a central bank official said. A wave of protests at oil facilities has reduced the North African country’s oil output to less … Read more

114 African migrants detained in a packed boat

GHARBOULI Libya (Reuters) – Libya’s coastguard detained 114 African migrants in a packed boat headed for Europe on Thursday, officials said. Some 43,000 migrants have crossed from North Africa to Italy so far this year, mostly via Libya where a weak central government is struggling to secure its porous land and sea borders. “We arrested … Read more

Libya oil guards protest at Hariga port, disrupt operations

TRIPOLI (Reuters) – A brigade from Libya’s Petroleum Facilities Guard has been protesting at the country’s Hariga port to demand salary payments and disrupting operations there, an official from state-run oil company AGOCO said on Tuesday. The official said the protest was interrupting work at the port, where full storage tanks have forced a stoppage … Read more

One killed as gunmen fire grenades at new Libyan PM’s home

TRIPOLI (Reuters) – Unknown gunmen fired grenades at new Libyan Prime Minister Ahmed Maiteeq’s home in Tripoli on Tuesday, and one person was killed in clashes with his guards, sources from his press office said. Maiteeq was not hurt in the early morning attack, but one assailant was killed and another injured and arrested, one … Read more

Rocket attacks hit Lybyan capital overnight

Rocket attacks struck the Libyan capital overnight, local media reported, as military units continued to line up for and against a retired army officer who earlier this week tried to sideline the legislature. Shells hit an air defence base in Tripoli hours after the air defence command announced its support for retired Colonel Khalifa Haftar, … Read more

Brent holds above $109 on Ukraine tensions

By Keith Wallis SINGAPORE (Reuters) – Brent futures held above $109 a barrel on Friday as fresh tensions over Ukraine kept them on course for their biggest weekly rise since mid-April, but returning Libyan supply capped gains. U.S. crude futures were also heading for their best week in five, bolstered by data indicating the U.S. economy could … Read more

Egypt’s Sisi asks for U.S. help in fighting terrorism

Cairo, Egypt – By Stephen Adler and Richard Mably CAIRO, May 15 (Reuters) – Abdel Fattah al-Sisi, the general who ousted an elected Islamist president and is set to become Egypt’s next head of state, called on the United States to help fight jihadi terrorism to avoid the creation of new Afghanistans in the Middle … Read more

Gunmen storm Libyan Parliament, stop lawmakers’ vote on next PM

TRIPOLI (Reuters) – Gunmen stormed Libya’s parliament on Tuesday and started shooting, forcing lawmakers to abandon a vote on the country’s next prime minister, a parliamentary spokesman said. Spokesman Omar Hmeidan told Reuters that several people had been wounded by the shooting started by gunmen linked to one of the defeated candidates for prime minister. … Read more

Suicide bomber in car kills two at army camp in Libya’s Benghazi

BENGHAZI Libya (Reuters) – A suicide bomber in a car killed at least two people and wounded two others at an army camp in Libya’s eastern city of Benghazi on Tuesday, security and medical sources said. A source inside the special forces camp said the car had exploded at the gate. Libyan armed forces have … Read more