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

UN Renews Ban on Illicit Oil Exports from Libya

July 15, 2022
Share on FacebookShare on Twitter

On Wednesday, the United Nations (UN) Security Council unanimously adopted a resolution to extend the ban on the illicit export of petroleum from Libya for 15 months. This includes crude oil and refined petroleum products, until 30 October 2023.

Resolution 2644 also extends the mandate of the Panel of Experts assisting the Libya Sanctions Committee until 15 November 2023.

The panel will provide the UN Security Council with an interim report on its work no later than 15 March 2023. As well as a final report to the council no later than 15 September 2023, with its findings and recommendations.

The resolution calls for full compliance by all UN member states with the arms embargo, and travel ban and asset freeze. It requests all member states not to intervene in the Libyan conflict, or take measures that may exacerbate the situation.

It also calls on all parties to implement the 23 October 2020 ceasefire agreement in full, and urges member states to respect and support the full implementation of the agreement. This includes the withdrawal of all foreign forces and mercenaries without further delay.

Notably, OPEC revealed that Libya’s oil production decreased by 78,000 bpd in June, compared to May.

In its monthly report, the organization reported a decline in oil production by four member states during June.

Libya led the decline by 78,000 bpd, bringing its production to 629,000 bpd. Production in April was 893,000 bpd, and fell to 707,000 bpd in May.

The statistics also showed that production stabilized during the first quarter of 2022, at one million and 63 thousand barrels. It declined during the second quarter of 2022, to 743,000 bpd.

Since mid-April this year, key oilfields and ports have been closed due to protests stemming from a political crisis. This has rival factions scrambling to secure control over oil facilities and oil revenues.

  • Security Council Agrees to Extend UN Mission in Libya
  • Will Libya’s Petroleum Guard Finally Unify?
  • Libyan Rivals Agree to Unify Petroleum Facilities Guard
  • Libya Exports 700,000 Bpd in December
  • Russia: December Elections in Libya Vital for Stability
Tags: libyaOil ExportsunUN Security CouncilUnited Nations
Next Post

Libyan Crisis Aggravating Global Oil Supply

POPULAR CATEGORIES

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

MUST READ

21,000 in Libya Receive Emergency Aid from UNHCR

Philippines Criticises US Deportation Plan to Libya

US Military Plane Lands at Libya’s Misrata Base

51 Migrants Arrested in Libyan Desert

Libyan Government: No Migrant Resettlement Agreements with US

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