World Bulletin/News Desk
Libya has begun importing diesel and fuel oil to keep power plants operating after protests closed most of the gas fields in its eastern region which usually supply them, an industry executive said on Monday.
No end is in sight to the worst disruption to Libya's oil industry since the civil war in 2011 as armed groups, security guards and oil workers with tribal loyalties shut down pipelines and oil ports across the country.
A National Oil Company senior official said Libya had imported at "least three times the quantities of liquid fuel" than usual in order to keep power plants operating.
"All the gas in the eastern part has stopped," said the official, who requested anonymity.
The official said that a vessel that had loaded 600,000 tonnes of crude from Brega port, which shipping sources said was the Eagle Trenton, had been asked by NOC to go to Zawiya port in the west because it was needed to supply its 120,000 bpd refinery, the biggest near the capital Tripoli.
The official said the Wafa gas field which produces around 13 million cubic metres per day in a joint venture with Eni was providing some relief for Libyan power plants that run on gas.
"We told the customer we cannot deliver the cargo because we needed it for domestic consumption," the official added.
Trading floors turned red at the start of the week as Donald Trump's failure to push through his healthcare reform fuelled worries about the prospects for his economy-boosting agenda.
"Consideration ... is being scheduled for April 3, 2017," Jerome Vacher, the IMF's representative in Ukraine, said in a statement.
Index sees increase of 5 percent from February, according to official data
Turkey was fifth largest import market of the bloc, and its fourth largest export destination, EU official data shows
The proposed tie-up also drew criticism from France, Belgium, Portugal and the Netherlands, fearful for the future of their own stock exchanges, owned by Euronext.
The firm is trying to spin off its prized memory chip business to raise cash, after earlier selling its medical devices unit and most of a home appliance business.
Kuwait Oil Minister Essam al-Marzouk, who heads a joint ministerial committee tasked with overseeing compliance to the cuts, said conformity to the reductions could be improved.
The London headquarters of the European Union's financial regulator, in the Canary Wharf district, has 170 staff members from 27 of the 28 European Union nations.
Market research firm GfK's forward-looking consumer confidence reading for April slipped to 9.8 points after 10.0 this month, slightly short of analysts' expectations, it said in a statement.
There is widespread belief the tycoon's health system proposals will fall foul of lawmakers with many of his Republican counterparts opposed to numerous parts of it and raising questions about the fate of promised infrastructure spending, tax cuts and deregulation.
BIST 100 index opens 0.35 pct higher; US dollar/Turkish lira rate hovers around 3.61
The United States and Japan -- the world's largest and third-largest economies, respectively -- have notably declined to join the bank.
London's benchmark FTSE 100 index dropped 0.6 percent to 7,336.30 points compared with Tuesday's close.
The 12-month inflation rate hit 2.3 percent last month compared with 1.8 percent in January, the Office for National Statistics (ONS) said in a statement.
Gains for Deutsche shares topped 7.0 percent in the early afternoon, before slipping back to trade at 16.16 euros ($17.61) -- still up 5.33 percent -- just after 1400 GMT.