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libyan oil production

Libya: Military operation launched to target fuel smugglers operating at sea

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The Fuel Crisis Committee, originally established by the Presidency Council’s government of national accord to find solutions to the shortage of fuel in Tripoli, yesterday launched what is being called “Operation Mediterranean Storm” to counter the smuggling of Libya’s subsidised fuel by sea. In cooperation with NOC (Libyan National Oil Corporation) they try to block fuel smuggling by land to Tunisia. However, to preserve the discretion they refute to tell the press of their operations. During an exchange of fire with Libyan Coast-Guard (under GNA force) 4 oil smuggler had been killed.

How Emirati air power turned Haftar's Libyan oil ports disaster to victory?

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The turnaround in the Oil Crescent has created some doubts across international community. Indeed, it sounds strange that LNA has lost against BDB and has retaken all the Oil Crescent few days after. “But how did an air force, reduced to five old MiGs and a few helicopters, manage this feat only 10 days after losing the territory? How could a fleet of old-as-hell aircraft have been able to hold such a pace without requiring heavy maintenance which would have taken warplanes out of operation?”. One solution could be the sustain from United Arab State or Egypt or both.

Libya: deal is due to expire

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70 people killed by a truck bomb detonated in a police training center. Oil terminals are under attack. More than 300 kilometers of coastline are controlled by Islamic State. New government formation is always more essential in order that UN intervention could stop Daesh advance and allow Libya to grow.

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70 people killed and several injured. It’s the definitely bloody balance of attack in Zliten, where a jihadist detonated a truck bomb beside a police training center last Thursday. An affiliate group of Daesh claimed responsability. While Italy evacuated 15 woundered on Monday sending a C-130 to take them to military hospital in Rome.

Meanwhile, Eu foreign affairs chief Federica Mogherini met prime minister Fayez al-Sarraj, backed in Tunis after attack at Misurata airport last Friday, and pledged 100 million euro aid-package.

But Libya is close to collapse. Indeed, unity government deal should run out of time within two weeks: nevertheless, Tripoli, Tobruk and other factions have not still assembled new executive. Instead, Tripoli, where new government will be established, as is other cities, are victims not only of Daesh, but of clashes between enemy factions.

The whole while The Financial Times publishes a new report about Libyan economic context. Analysis is tragic. Oil production collapse to 400,000 b/d in the last 18 months, while it reached 1,4 million during the post-revolution. Denar depreciated about 60 per cent. Whereas, EIU estimated Libyan GDP to fall over 8 per cent during 2016.

From security viewpoint, more than 300 kilometers of coastline are controlled by Islamic State. Sidra and other oil terminals were aimed by Daesh, even if the attack on oil port of Zuetina was repelled by Libya guards on Monday.

Libyan internal chaos increased again since December 17, when Tripoli, Tobruk and other factions reached agreement. New government formation is always more essential in order that UN intervention could stop Daesh advance and allow Libya to grow.
Giacomo Pratali

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Giacomo Pratali
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