Libya Preparing to Restart Oil Output as Central Bank Crisis Eases

A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)
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Libya Preparing to Restart Oil Output as Central Bank Crisis Eases

A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)

Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the central bank was reached, two oilfield engineers told Reuters on Tuesday.

"We are now waiting for orders from the Corporation (the state oil firm) to resume production at its normal levels after a month-long stoppage," said an engineer from the Jalu 59 oilfield.

An engineer from the El-Feel oilfield said they took advantage of the almost one-month closure to carry out maintenance.

National production and export operations were stopped in August when the parallel government in eastern Libya declared the closure of oil facilities in a protest of the ousting of veteran Central Bank of Libya (CBL) governor Sadiq Kabir by the Presidential Council in Tripoli.

A new CBL governor, Naji Mohamed Issa Belgasem, and his deputy, Mari Muftah Rahil Barrasi were approved on Monday by the two legislative bodies; the east-based House of Representatives in Benghazi and High State Council in Tripoli.

Belgasem and Barrasi took an oath before parliament on Tuesday during a televised session.

Libya's National Oil Corporation said on Aug. 28 that oil production had dropped by more than half of typical levels. It has not made public any new production figures since then.

Libya's oil output has been disrupted repeatedly in the chaotic decade since the country divided in 2014 between two administrations in its east and west following the NATO-backed uprising that toppled Moammar al-Gaddafi in 2011.



Evacuations from Lebanon: What We Know

Smoke rises from Beirut southern suburbs, after an Israeli strike, as seen from Hadath, Lebanon October 1, 2024. (Reuters)
Smoke rises from Beirut southern suburbs, after an Israeli strike, as seen from Hadath, Lebanon October 1, 2024. (Reuters)
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Evacuations from Lebanon: What We Know

Smoke rises from Beirut southern suburbs, after an Israeli strike, as seen from Hadath, Lebanon October 1, 2024. (Reuters)
Smoke rises from Beirut southern suburbs, after an Israeli strike, as seen from Hadath, Lebanon October 1, 2024. (Reuters)

Israel launched a ground offensive in Lebanon on Tuesday, escalating a conflict against Hezbollah after a week of air strikes that have killed hundreds.

Several countries have begun evacuating their nationals from Lebanon or are planning to do so.

- Britain -

Britain has chartered a commercial flight for its nationals that will depart from Beirut's Rafik Hariri International Airport on Wednesday.

The UK government has said further flights may be arranged, depending on demand.

It said it would prioritize "vulnerable British nationals" for Wednesday's flight.

Last week, London announced the deployment of 700 soldiers to Cyprus to prepare for a possible evacuation of its citizens from Lebanon.

- Canada -

Canada has reserved 800 seats on commercial planes to evacuate its citizens from Lebanon, with the next flight scheduled to depart on Tuesday.

About 45,000 Canadians are currently in Lebanon.

The Canadian military has set up emergency resources in Cyprus if commercial flights are interrupted.

- Germany -

On Monday, Germany flew out its Beirut embassy's non-essential staff, their dependents and some of its citizens in Lebanon with medical conditions.

About 110 passengers boarded the German air force A321 plane, which landed in Berlin late in the evening.

The Beirut embassy remained operational to help the estimated 1,800 German citizens in Lebanon "in their departure via commercial flights and other means", the government said.

"We are currently at a stage where we support the departure (of citizens) but we are explicitly not in an evacuation scenario," a government spokesman said on Monday.

- Japan -

Japan is urging its citizens to leave Lebanon on commercial flights and is preparing military flights for their possible return, the government said on Friday.

C-2 military transport planes have been ordered to go to Jordan and Greece to be on stand-by in case Japanese nationals need to be transported out of the region.

Japanese media said there were around 50 Japanese citizens currently in Lebanon.

- Philippines -

The Philippines vowed last week to evacuate 11,000 citizens from Lebanon the moment Israeli forces crossed the border to launch a ground offensive.

"A ground invasion will lead to mandatory repatriation," Foreign Undersecretary Eduardo de Vega said on Friday, adding the plan was to move thousands out of the country via the sea.

He did not provide details.

Manila had earlier urged Filipinos to leave Lebanon before commercial airlines stopped flying to Beirut.

Millions of Filipinos work in the Middle East. Around 90 percent of those in Lebanon are female domestic workers.

- Portugal -

Portugal evacuated 44 people from Lebanon -- 28 nationals and their families -- by military plane via Cyprus on Saturday evening.

- Bulgaria -

A total of 89 Bulgarians evacuated from Lebanon -- mostly families with children -- arrived in Sofia late Monday. A government plane is expected to make a second flight on Tuesday.

Around 400 Bulgarians live in Lebanon, and so far, 160 of them have declared they want to be evacuated from the country, according to deputy foreign minister Elena Shekerletova.

- Refugees -

The United Nations Refugee agency said on Monday around 100,000 people had fled to Syria from Lebanon due to Israeli air strikes.

The UNHCR representative in Syria said most evacuees were women and children. Around 80 percent were Syrian nationals and 20 percent Lebanese.

Some 210,000 Palestinian refugees live in camps and informal settlements in Lebanon, according to the UN children's agency UNICEF.

An Israeli air strike hit a Palestinian refugee camp in southern Lebanon on Tuesday, killing several inhabitants, Lebanon's official National News Agency said.