I suppose that is a silly statement considering Syria, but, Libya has been conducting a civil war since Gaddafi was assassinated.
REUTERS, 08/01 (jan. 8, 2013) 12:11 CET
There is no longer plumes of black smoke at the Es Sider Port in Libya. No one has asked why Gaddafi was firing on Benghazi in the first place. The reason was the demand by Eastern Libya to be autonomous. That hasn't changed.
Libya is an active civil war. The problem now is the fact Eastern Libya rebels have gained control and the leaders in Tripoli are firing on tankers seeking to fill with oil at the port. There is really something to be said about "Non-Conflict Minerals." In the case of Libya, it is literally fueling the rebellion.
The argument could be made the division would result anyway because of the profound differences in these people, but, if that is the case this is another mission for UN diplomacy.
Update: Rebel witnesses (click here) say storage tanks in east Libya terminal of Es Sider hit an exchange of fire between Gaddafi forces and rebels . Reuters reports that three plumes of black smoke are rising from the area around As Sider oil terminal. This is in addition to Al Jazeera video coverage of comparable activity at Ras Lanuf. Whether this indicates that Operation Apres Moi Le Deluge by Gaddafi has commenced is unclear for now....
REUTERS, 08/01 (jan. 8, 2013) 12:11 CET
By Ghaith Shennib and Julia Payne
TRIPOLI/LONDON (Reuters) – Armed groups (click here) demanding autonomy for eastern Libya have invited foreign companies to buy oil from ports they have seized in defiance of the central government in Tripoli.
In an announcement on Tuesday, they also pledged to protect tankers loading crude, after the Libyan defence ministry said it would destroy vessels using ports in the east, which are under control of the protesters linked to a self-proclaimed regional government....
There is no longer plumes of black smoke at the Es Sider Port in Libya. No one has asked why Gaddafi was firing on Benghazi in the first place. The reason was the demand by Eastern Libya to be autonomous. That hasn't changed.
Libya is an active civil war. The problem now is the fact Eastern Libya rebels have gained control and the leaders in Tripoli are firing on tankers seeking to fill with oil at the port. There is really something to be said about "Non-Conflict Minerals." In the case of Libya, it is literally fueling the rebellion.
The argument could be made the division would result anyway because of the profound differences in these people, but, if that is the case this is another mission for UN diplomacy.
Submitted by Tyler Durden on 03/09/2011 09:03 -0400
Update: Rebel witnesses (click here) say storage tanks in east Libya terminal of Es Sider hit an exchange of fire between Gaddafi forces and rebels . Reuters reports that three plumes of black smoke are rising from the area around As Sider oil terminal. This is in addition to Al Jazeera video coverage of comparable activity at Ras Lanuf. Whether this indicates that Operation Apres Moi Le Deluge by Gaddafi has commenced is unclear for now....
I live with the closure of the four Libyan ports until the people of that nation sort all this out. We don't need a war to simply open ports for oil shipment.
January 7, 2014
Brent crude rose the most in two weeks in London, (click here) on Friday, rebounding from an earlier drop, as four major ports in Libya remain shut. Futures gained as much as 0.8 percent.
Of the country’s six major oil-shipping ports, Es Sider, Ras Lanuf, Zuetina and Hariga are shut. Libya, holder of Africa’s largest proven reserves, pumped 210,000 barrels a day in December, unchanged from the prior month and the lowest since 2011.
“In Libya, we have seen a few hopes being quashed over the past couple of months,” said Ole Hansen, the head of commodity strategy at Saxo Bank A/S in Copenhagen. “It’s a bit like Jerry Maguire saying, ‘Show me the money.’ In other words, is this latest news going to spread to the important east, which is still blocked?”
Brent for February settlement gained as much as 86 cents, the most since Dec. 20, to $108.64 a barrel on ICE Futures Europe in London. The contract traded at $107.98 as of 1:08 p.m. local time....
