Libyan Autonomy Group Forms Oil Firm, Challenges Government -- Reuters
(Reuters) - An autonomy movement in eastern Libya said on Sunday it had formed a regional oil firm to start selling crude after seizing several ports, mounting a challenge to the government in Tripoli as it struggles to gain control of oil facilities.
The announcement, along with a plan to set up an eastern central bank, is a blow to efforts by Prime Minister Ali Zeidan to reopen oil ports and fields seized by a mix of militias, tribes and civil servants seeking political rights or higher pay.
Output is at a fraction of its capacity of 1.25 million barrels a day and Zeidan said Libya may find it difficult to cover its budget expenditure from next month.
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More News On The Growing Separatist Movement In Libya
Libyan separatists take over oil exports as PM warns of foreign intervention -- RT
Libya PM Issues Ultimatum to Blockaders of Oil Terminals, Fields -- Tripoli Post
Eastern Libya’s self-declared government forms regional oil company in challenge to Tripoli -- Washington Post/AP
Libya PM warns of foreign intervention -- Al Jazeera
Libyan PM warns: foreign powers will intervene if chaos continues -- Al Arabiya
Op-Ed: Libyan prime minister warns of foreign intervention to end chaos -- Ken Hanly, Digital Journal
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