Playing diplomacy? Libyan militias forego four oil plants in return for revenue share
A key Libyan militia in the east has agreed to hand back control of four oil terminals it captured and shut down last summer in its demand for a share in oil revenues, the official Libyan news agency reported.
The seizure and the shutdown of the terminals has cost Libya billions of dollars and escalated a political crisis that has threatened to plunge the country into even greater turmoil, unseen since the 2011 civil war that ousted longtime strongman Muammar Qaddafi.
After months of a tense standoff — exacerbated by an attempt by the eastern militia to use a North Korean-flagged tanker to export oil from one of the seized terminals — the state news agency LANA reported that a deal was reached with representatives from eastern Libya late on Sunday.
The deal could help bolster the authority of the weak central Libyan government in the face of the country’s powerful militias, most of which have drawn their members from the former rebels who fought against Qaddafi.
LANA quoted Justice Minister Salah Margani as saying that under the deal, the militia would immediately hand over the terminals of Zuwaitina and Al-Hariga. Two other oil terminals, Ras Lanuf and Sidra, would be returned to government control in two to four weeks.
According to the report, the deal was signed by Ibrahim Jedran, head of a militia demanding more autonomy for eastern Libya, where most of its oil resources are located.
Libya’s Justice Ministry website reported the details of the six-point deal. They include an investigation into militia allegations of government corruption in oil sales and also probes into ways to more justly distribute oil revenues among the country’s regions, which was a key complaint by the eastern militia.
The deal also includes a planned mediation with the general prosecutor’s office to halt any prosecution of militiamen who took part in the seizure of the terminals.
According to the reports, the deal paves way for a smooth handover and return to operations at the terminals, and includes a pledge that there will be no more attempts of mutiny or seizure of oil terminals.
Since Qaddafi’s fall, Libya has been torn among multiple rival and heavily armed militias affiliated to regions, cities and tribes, while the government has been weak, unable to bring its authority over the country, inheriting Qaddafi-era military and police forces in disarray.
- Tourism is the real target of the Tunisia attacks: industry set to suffer
- FIFA scandal probe: No deaths in 2022 World Cup construction, Qatar says
- The UAE harnesses the power of celebrity endorsements
- Gazans reach beyond Israeli blockade through start-up
- France is playing a risky dating game in the Gulf: experts
- After $14 billion down the drain, Libyan oil is back on the market
- Avoiding rock bottom: Libya declares oil crisis done and over with
- Is Libya putting world oil markets at risk?
- A glimpse of normalcy: how the restarting of the El-Sharara oil reignited hope for the Libyan economy
- Libya signs $360 million fuel deal with Zimbabwe