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BC-Libya-Guards-to-Halt-Oil-Shipments-at-Eastern-Ports-in-Spat , Salma El Wardany (Bloomberg) — Members of a Libyan paramilitary force responsible for safeguarding the OPEC nation’s oil ports ordered a halt in crude shipments at two eastern terminals while they press salary demands. Petroleum Facilities Guard members ordered the suspension of loading operations at Hariga and Ras Lanuf, according to people familiar with the situation, who asked not to be identified because they lack authorization to speak to media. The tanker Dubai Hope, currently loading crude at Ras Lanuf, would be the last to do so until the protesters’ demands are met, according to two of the people. The halt, and the possibility that it might spread to Libya’s biggest port at Es Sider, could threaten a recovery in the Arab nation’s oil exports and production. While it might be resolved quickly, the stoppage underscored the lingering political tensions in Libya following a truce in its civil war last year. The North African country’s output surged from almost zero to nearly 1.25 million barrels daily after a blockade of ports and fields by eastern-based forces ended in September. A tentative peace in the civil war led to the lifting of the blockade. However, the country is […]
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