Subscribe free to our newsletters via your
. Military Space News .




ENERGY TECH
Western powers hail Libyan oil deal
by Daniel J. Graeber
Washington (UPI) Apr 8, 2013


disclaimer: image is for illustration purposes only

Western powers praised a deal ending blockades at eastern Libya oil export terminals, saying their closure had spoiled the nation's economy for nine months.

A joint statement by the French, German, Italian, British and U.S. governments praised Libyan Prime Minister Abdullah al-Thinni for brokering a deal to end blockades at Libyan ports.

They said in their statement Monday the blockade had "done so much damage to the Libyan economy and to the Libyan people over the last nine months."

The International Monetary Fund said the Libyan energy sector represents about $63 billion to the government, a majority in terms of percentage of gross domestic product. In March, a progress report on Libya from the European Commission said a blockade on oil exports by eastern federalists has "severely" affected Libya's fiscal situation.

Last weekend, the Libyan government agreed on terms with eastern rebel leaders to reopen oil ports al-Hariga and Zuetina. Both at peak capacity can export 200,000 barrels of oil per day combined.

Political groups operating under the authority of Ibrahim al-Jathran, who is seeking more autonomy for the eastern region of Cyrenaica, had blocked the export terminals.

Tripoli under the terms of the deal agreed to pay compensation to eastern rebels and call off threats of military action in the region. Eastern rebels in turn are prohibited from taking action that would halt operations at export terminals.

[U.S. Embassy in Libya]

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
Wood Mac: Few infrastructure constraints for N.D. oil
Washington DC (UPI) Apr 02, 2014
Infrastructure constraints shouldn't inhibit production from oil-producing basins in North Dakota, analysis from Wood Mackenzie finds. Energy consultant group Wood Mackenzie said it expects production from the Bakken and Three Forks areas, two fields situated in the northern Williston Basin, should produce a combined average of 1.1 million barrels per day this year. The Bakken fi ... read more


ENERGY TECH
Russia's new S-500 system to destroy any target at any altitude

Britain, France give MBDA missile development contract

US gains additional protection against ballistic missiles

US to continue technology development against ballistic missile threat

ENERGY TECH
US, UK parts in North Korea rocket

Britain, France sign anti-ship missile deal

Approval given for Griffin missile launch system

Lockheed Martin's DAGR Missile Scores a Perfect 16 of 16 in Flight Tests for US Army

ENERGY TECH
Pentagon to organize drones in teams for sharing data, fighting together

'StratoBus' drone-satellite hybrid to provide new level of surveillance

Northrop Grumman, US Navy Complete Initial Flight Testing of the Triton Unmanned Aircraft System

UAVs Reach New Heights With Warsaw Polytechnic and LockMart Partnership

ENERGY TECH
Testing Begins on Third AEHF Satellite

Harris gets $131 million in orders from unidentifed customers

4 SOPS assumes control of third AEHF satellite

Mutualink Obtains Key NATO Certification

ENERGY TECH
DARPA Launches Biological Technologies Office

Ukrainian industry ready to supply military with armored vehicles

Eaton intros power micro-grid system for forward-deployed troops

Rockwell Collins, Avionics Services in manufacturing deal

ENERGY TECH
Eighteen countries ratify UN treaty on arms trade

French-Russian tank project on hold due to Ukraine crisis

Japan lifts own blanket arms export ban

Turkey sacks defence official involved in China arms talks

ENERGY TECH
Nicaragua leader defends military ties with Russia

Russian forces to quit Ukrainian border after exercises: Lavrov

My fellow citizens

Ukraine blames Russian agents for Kiev carnage

ENERGY TECH
Never say never in the nano-world

Fabricating Nanostructures with Silk Could Make Clean Rooms Green Rooms

Scientists watch nanoparticles grow

Nanotube coating helps shrink mass spectrometers




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.