World Bulletin / News Desk
Protesters demanding jobs closed off the eastern Libyan port of Zueitina for a sixth day on Monday, extending a halt in oil exports, according to a senior oil industry source and to one of the demonstrators.
Roughly a dozen men last Tuesday evening forced their way into the port, just hours after Zueitina Oil Company workers had temporarily suspended a strike and resumed production at oilfields that pump to the terminal.
"The situation is still the same," a senior Libyan oil industry source said. "Exports are still down as of yesterday evening. I do not think there has been any change this morning."
Belgasem al-Sghou, who described himself as the leader of the protesters, said two ships were waiting to come into the port to load crude.
"We are not allowing them to be loaded from this port," he said by phone, adding that maintenance work continued as normal, however.
Sghou said the protesters numbered less than 10, even though they represented around 300 people. Asked if there had been any talks yet with government officials to end the demonstration, he said: "Nothing has appeared yet."
The protesters are among a group of civilian demonstrators demanding jobs who shut down the port for several weeks earlier this year. An agreement was later reached for new jobs to be created but the group said they had yet to begin work.
Protests and strikes at various facilities have repeatedly lowered Libya's oil output, which had returned faster than expected to pre-war levels of around 1.6 million barrels per day (bpd). The source said output at the end of last week stood at around 1.36 million bpd.
Other oilfields such as El Feel - operated by Mellitah, a joint venture between state firm the National Oil Corporation and Italy's Eni - were also shut down last month due to separate strikes. El Feel has a capacity of around 130,000 bpd.
Gas pipeline will also link Turkmenistan, Afghanistan, Pakistan, and India via roads, railways, and fiber optics
Inflation among EU19 countries down 0.1 percentage point from Dec. 2017, says Eurostat
BIST 100 rises 0.51 pct; USD/TRY exchange rate stays at 3.79 while EUR/TRY exchange rate drops to 4.66
Deal does not mean much unless countries resolve arbitration case, define pipeline route and get licenses: OME hydrocarbons Dir.
Bank's net profit rose to €1.3B last year, up around 7 pct from 2016
Over last decade, Turkey earned over $200M from hazelnut exports to China
BIST 100 index drops 0.15 pct, US dollar slightly up to 3.7970 Turkish liras, euro-lira rate down to 4.6640
BIST 100 index rises 1.40 pct, U.S. dollar up to 3.7910 liras, euro-lira rate climbs to 4.6740
10 Turkish agricultural machinery producers and exporters explore Ethiopian market during visit to Addis Ababa
Turkish firms' know-how' in construction sector is an advantage to have in joint projects in Africa: Japanese bank manager
BIST 100 index gains 0.48 percent at opening; USD/TRY stands at around 3.75
Office workers, farmers and radio hosts are taking on new nationalities, relocating their businesses or looking forward to lucrative alternative trade deals, as politicians struggle to come up with a plan.
The International Monetary Fund was going to be "attentive" to the consequences of the reform, which notably includes a sharply lower corporate tax rate, she told French radio station France Inter.
More than 9,000 new companies established in January, according to major business body
Company reaches settlement with EPA following investigation started in 2014