Authorities in eastern Libya have said they will shut down all oil production and exports as rival factions controlling the divided country engage in a power struggle for control of the central bank and oil revenue.
The move by the prime minister for the eastern region, Osama Hammad, follows a decision by a rival administration in the west to remove central bank governor Sadiq Al Kabir, whose role was to distribute the country's oil revenue between the two governments.
“The Libyan government declares a state of force majeure on all oilfields, vessels, institutions and facilities, and suspends the production and export of oil until further notice,” the eastern government based in Benghazi said.
Libya's National Oil Corporation (NOC), which controls the country's oilfields, did not react to the announcement on Monday but a subsidiary, Waha Oil, said it would reduce oil production gradually, citing "pressures".
The internationally recognised government in the west, based in Tripoli and run by Prime Minister Abdul Hamid Dbeibah, also did not respond.
Libyan analyst Othman Bensassi told The National that authorities in the east "do not have the legal right to execute such a move but control security for oilfields in the south-east of the country".
Both governments get their budgets from Libya's oil and gas reserves. Mr Al Kabir, who had served as central bank governor since 2011, was removed by decree by the Tripoli government amid protests over his allocation of the funds. He was replaced by the Central Bank of Libya's deputy governor Mohamed Abdul Salam Al Shukri.
"The central bank governor has the main role in charge of all transactions, and is the guarantor of imports, exports and money transfers," analyst Mr Bensassi told The National, saying Mr Al Kabir was a loyalist to the country's eastern forces.
Earlier this month, the National Oil Corporation closed the Sharara oilfield in the country's south-west after protests erupted calling for the removal of the central bank governor.
Libya's oil production before the closure stood at about 1.2 million barrels per day.
The power struggle in Libya emerged after a 2011 Nato-backed uprising toppled dictator Muammar Qaddafi, splitting the country into two rival administrations three years later.
The western part is governed by the Government of National Unity, which was established through a UN-led political process ahead of elections scheduled for December 2021.
In the eastern region, a rival government called the Government of National Stability emerged in March 2022, taking control of about three quarters of the country's oil production capacity.
Oil prices surged in evening trade on Monday on fears over the halt in Libya's production.
Brent, the benchmark for two thirds of the world's oil, was trading 2.7 per cent higher at $81.15 a barrel at 4.34pm UAE time. West Texas Intermediate, the gauge that tracks US crude, was up 2.9 per cent at $77 a barrel.
Call of Duty: Black Ops 6
Developer: Treyarch, Raven Software
Publisher: Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5
INFO
Everton 0
Arsenal 0
Man of the Match: Djibril Sidibe (Everton)
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Points classification after Stage 4
1. Arnaud Demare (France / FDJ) 124
2. Marcel Kittel (Germany / Quick-Step) 81
3. Michael Matthews (Australia / Sunweb) 66
4. Andre Greipel (Germany / Lotto) 63
5. Alexander Kristoff (Norway / Katusha) 43
Sustainable Development Goals
1. End poverty in all its forms everywhere
2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture
3. Ensure healthy lives and promote well-being for all at all ages
4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
5. Achieve gender equality and empower all women and girls
6. Ensure availability and sustainable management of water and sanitation for all
7. Ensure access to affordable, reliable, sustainable and modern energy for all
8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
10. Reduce inequality within and among countries
11. Make cities and human settlements inclusive, safe, resilient and sustainable
12. Ensure sustainable consumption and production patterns
13. Take urgent action to combat climate change and its effects
14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development
15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
17. Strengthen the means of implementation and revitalise the global partnership for sustainable development
India Test squad
Kohli (c), Dhawan, Rahul, Vijay, Pujara, Rahane (vc), Karun, Karthik (wk), Rishabh Pant (wk), Ashwin, Jadeja, Kuldeep, Pandya, Ishant, Shami, Umesh, Bumrah, Thakur
TOUCH RULES
Touch is derived from rugby league. Teams consist of up to 14 players with a maximum of six on the field at any time.
Teams can make as many substitutions as they want during the 40 minute matches.
Similar to rugby league, the attacking team has six attempts - or touches - before possession changes over.
A touch is any contact between the player with the ball and a defender, and must be with minimum force.
After a touch the player performs a “roll-ball” - similar to the play-the-ball in league - stepping over or rolling the ball between the feet.
At the roll-ball, the defenders have to retreat a minimum of five metres.
A touchdown is scored when an attacking player places the ball on or over the score-line.
Walls
Louis Tomlinson
3 out of 5 stars
(Syco Music/Arista Records)
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