Revenues of Libya’s Ports Decline Due to Unrest

Revenues of Libya’s Ports Decline Due to Unrest
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Revenues of Libya’s Ports Decline Due to Unrest

Revenues of Libya’s Ports Decline Due to Unrest

Libya’s commercial seaports have been affected by the ongoing conflict in the country and their revenues have largely declined.

Like many other Libyan institutions and facilities, these ports have been divided between the east and the west, and their maintenance has been neglected. Not to mention, rumors have spread on ports located in the west being exploited to smuggle weapons and mercenaries from Turkey.

Head of Libyan Ports and Maritime Transport Authority (PMTA) in the interim government Hassan Goueli stressed that “the armed conflict has resulted in a dramatic decrease in maritime commercial traffic, exceeding 70 percent in some years.”

He told Asharq Al-Awsat that it is not over yet. “Annual maintenance has stopped along with strategic planning to develop and establish new ports.”

“Ports run by the interim government are nine among 15 all over Libya, including the commercial, oil and industrial,” he noted.

Head of the Libyan Ports Company Yazid Bouzrida highlighted the “significant damage caused by the conflict, particularly during the war on terror years in both Benghazi and Derna a few years ago.”

Bouzrida told Asharq Al-Awsat that there are five commercial ports in the country’s eastern region. These are Benghazi, Brega, Ras Lanuf, Tobruk and Derna.

That in Benghazi is a main port in the east and is considered the country’s second-largest port. It was one of the most affected facilities since its infrastructure, mechanisms, and equipment were 90% destructed during the period when the militias took over the city.

Smuggling arms through commercial ports has been taking place for years now, he noted.

“Before 2014, we were all working in the port and we were monitoring the militias’ attempt to hide the arms smuggling process through cargo containers,” Bouzrida explained, adding that these arms were later shipped by cars to different sites in the city.

However, as the army advanced in the battle to liberate Benghazi, weapons were being smuggled through fishing vessels on the seashore, he stressed.



Iraq, US Sign Preliminary Deal on Projects Including 24,000 MW of Power Plants

Iraqi Prime Minister Mohammed Shia al-Sudani receives the American business delegation. (Iraqi government)
Iraqi Prime Minister Mohammed Shia al-Sudani receives the American business delegation. (Iraqi government)
TT
20

Iraq, US Sign Preliminary Deal on Projects Including 24,000 MW of Power Plants

Iraqi Prime Minister Mohammed Shia al-Sudani receives the American business delegation. (Iraqi government)
Iraqi Prime Minister Mohammed Shia al-Sudani receives the American business delegation. (Iraqi government)

Iraq and the United States signed on Wednesday a memorandum of understanding for projects in the country, including 24,000 megawatts of power plants, the Iraqi prime minister's media office said.

Another MoU has been inked between Iraq's Ministry of Electricity and US company UGT Renewables to establish an integrated solar energy project with a capacity of 3,000 MW, the media office said in a statement.

US President Donald Trump's administration last month rescinded a sanctions waiver that since 2018 has allowed Iraq to pay Iran for electricity as Washington presses on with its "maximum pressure" campaign against Tehran.

Iraq, OPEC's second-largest producer after Saudi Arabia, uses Iranian power imports to generate electricity and has been under pressure from the US to reduce its reliance on power and gas imports from Iran.