Friday, May 9, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Germany Calls for Oil Resumption in Libya

July 4, 2022
Share on FacebookShare on Twitter

The German Special Envoy for Libya of the Federal Foreign Office, Christian Buck, called for the full resumption of oil production in Libya without delay.

In a statement issued by the German Foreign Ministry, Buck said the Libya’s economic resources must be managed in a transparent, responsible and accountable manner for the benefit of the Libyan people.

German ambassador said Libya’s leaders to agree on the country’s public spending priorities and to establish a joint revenue management as well as an oversight structure through continued engagement with the Berlin Process Economic Working Group.

Buck called on all Libyan political actors to preserve peace and stability. He also called on them to refrain from any unilateral steps and to engage constructively in talks under United Nations (UN) auspices in order to end the executive impasse and pave the way for elections.

He reiterated Germany’s firm rejection of actions that could lead to violence or to greater divisions within Libya. This includes the creation of parallel institutions, any attempt to seize power through force, or the refusal of a peaceful handover of power to a new executive formed through a legitimate and transparent process.

He welcomed the mediating role played by the UN Secretary-General’s Special Adviser on Libya, Stephanie Williams. He also praised the role of the United Nations Support Mission for Libya (UNSMIL) in the meeting of the Parliament Speaker and the Head of the High Council of State (HCS) in Geneva on the 28th and 29th of June 2022.

Notably, on Thursday Libya’s National Oil Corporation (NOC) declared a state of force majeure at the Es Sidr, Ras Lanuf Ports, and the El Feel Oilfield.

The NOC’s Chairman, Mustafa Sanalla, said that the decision comes after the 72 hour-deadline had ended, as well as the loss of more than 16 billion Libyan dollars due to blockaded production, and shipping operations at local oil ports. He added that the force majeure is still in force at the ports of Brega and Zueitina.

The Libyan Prime Minister-designate from the Libyan Parliament, Fathi Bashagha, blamed his rival Government of National Unity (GNU) led by outgoing Prime Minister, Abdelhamid Al-Dbaiba for stopping oil production.

Bashagha noted that the budget he proposed and which was passed by the Parliament provided the funding necessary to stabilise the NOC and oil production. It will also put in place the checks and balances to ensure the funds are spent transparently thus reducing corruption, he explained.

The closures are a result of protests that have demanded the transfer of power from Abdelhamid Al-Dbaiba’s GNU to Fathi Bashagha’s Government of National Stability (GNS), the fair and transparent distribution of oil revenues, and the dismissal of Sanalla.

  • Lower House of the Russian Federal Assembly Pledges to Monitor Libyan Elections
  • Head of Libya’s Elections Committee: We are Working to Ensure Fair & Transparent Elections
  • Libya’s Eastern Central Bank Governor Calls for ‘Transparent’ Investigation into Power Outages
  • UN Announces Resumption of Ceasefire Talks in Libya
  • US Welcomes GNA PM and Parliament Speaker Calls for Ceasefire and Resumption of Oil Production
Tags: germanylibyaLibyan OilOil Resumption
Next Post

Protesters Storm Libyan Parliament in Tobruk

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

21,000 in Libya Receive Emergency Aid from UNHCR

US Military Plane Lands at Libya’s Misrata Base

Philippines Criticises US Deportation Plan to Libya

Libyan Government: No Migrant Resettlement Agreements with US

51 Migrants Arrested in Libyan Desert

Osama Hammad Reviews 2025 Budget with Libyan Parliament

EDITOR PICKS

Libya’s Dabaiba Accused of Trading Migrant Returns for US Political Support

EU Condemns Arbitrary Detention in Libya

Libyan Parliament Demands Urgent Probe into Deportation Allegations

Libya’s Central Bank Reports 37.7 Billion Dinars in Revenue by April

Philippines Criticises US Deportation Plan to Libya

British Ambassador Reaffirms Support for Libyan Stability

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR