Wednesday, January 8, 2014

Libya's Prime Minister Warns Oil Tankers To Stay Away From Rebel Ports Or They Could Be Sunk



Libya's PM Warns May Sink Oil Tankers Nearing East Ports -- Reuters

(Reuters) - Libyan Prime Minister Ali Zeidan warned oil tankers to stay away from eastern terminals seized by armed protesters or they could be sunk, as a confrontation over control of Libya's crude escalated.

The warning came on Wednesday after Libya's navy fired warning shots at the weekend to ward off a tanker that the state-run National Oil Corp. (NOC) said had attempted to load crude at one port that has been out of government control for six months.

Negotiations to end the protests have failed as eastern federalists, seeking more autonomy from Zeidan's government in Tripoli, have threatened to ship oil independently to world markets.

Read more ....

More News On The Oil Crisis In Libya

Libya tells oil tankers to avoid seized ports -- Al Jazeera
Libya seizes Lebanese ship for illegal entry -- Daily Star
Libyan Navy Threatened Tanker in International Waters, Says Owner -- Maritime Executive
East Libya activists vow to defy Tripoli on oil sales -- Global Post/AFP
Standoff with eastern oil protesters escalates -- Times of Malta
Libya autonomy groups vows to sell oil from seized ports, challenges Tripoli -- Reuters
Libya Rebels Call on Tankers to Load Oil from Occupied Port -- Wall Street Journal
Libyan Rebels Say Oil Companies Eager to Buy Crude From East -- Bloomberg Businessweek

My Comment: Libya's rebels may be in control of a few oil ports .... but they certainly do not control the waters outside these ports. If oil tankers do arrive to load up on crude .... I will be surprised.

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