by Khalid Mahmoud | Apr 6, 2014 | Middle East
Cairo, Asharq Al-Awsat—Libyan militiamen raised the flags of Al-Qaeda in the town of Derna, eastern Libya, in a display of force in defiance of the central government on Saturday. An organization called the Islamic Youth Shura Council—based in Derna, a stronghold of...
by Khalid Mahmoud | Mar 16, 2014 | Middle East
Cairo, Asharq Al-Awsat—The Libyan National Oil Corporation has declared force majeure in Harega oil port east of the country, saying it is once again unable to fulfill oil contracts after the state was temporarily lifted at the end of October last year. A standoff...
by Asharq Al-Awsat | Aug 20, 2013 | Business
Tripoli, Asharq AL-Awsat—Libya was forced to suspend contractual obligations by declaring a state of force majeure on some of the oil exports on Sunday. It also admitted disruptions which have lasted for a number of weeks, which reduced exports to their lowest level...