Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

East Libyan planes strike rival faction for fifth day near oil ports

Published 07/03/2017, 14:01
Updated 07/03/2017, 14:10
© Reuters. Damaged tanks and pipelines are seen at the oil port of Ras Lanuf

BENGHAZI, Libya (Reuters) - East Libyan forces carried out a fifth day of air strikes on Tuesday against a rival faction that overran the major oil ports of Es Sider and Ras Lanuf, officials and residents said.

The eastern-based Libyan National Army (LNA) and the Benghazi Defence Brigades (BDB) have been battling for control in Libya's eastern Oil Crescent since Friday, threatening production from oil ports that the LNA seized in September.

A senior official from Libya's National Oil Corporation said on Monday that production had dipped by 35,000 barrels per day (bpd) due to the latest unrest, leaving national production at just over 660,000 bpd.

OPEC member Libya was producing more than 1.6 million bpd before a 2011 uprising led to political turmoil and conflict that slashed output to a fraction of earlier levels.

LNA spokesman Ahmed al-Mismari said the latest strikes had hit targets from the Benghazi Defence Brigades (BDB) at Ras Lanuf and at Nawfiliya, 75km (46 miles) to the west.

"It forced them to mobilise ambulances to carry their dead and wounded to the west," he said.

A resident and a military official in Ras Lanuf confirmed the air strikes, but said there had been no change to the positions of the rival factions on the ground.

A social media account used by the BDB said the group "is protecting all its positions, and controls the area from Nawfiliya to beyond Ras Lanuf".

Since the BDB attacked on Friday, a front line has formed at the centre of the Oil Crescent, between the ports of Ras Lanuf and Brega. The LNA still controls Brega as well as a fourth port, Zueitina, which lies to the northeast.

It says it is using air strikes to prepare the ground for a counter-attack.

The LNA ended long blockades at Zueitina, Ras Lanuf and Es Sider when it took them over seven months ago, leading to a sharp boost to Libyan oil production.

© Reuters. Damaged tanks and pipelines are seen at the oil port of Ras Lanuf

Es Sider and Ras Lanuf were badly damaged in previous rounds of fighting and are still operating well below capacity.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.