Middle East

Libyan govt tries different tack to open ports

Cairo: The Libyan government is looking to halt the impasse on oil exports in the east of the country by buying the weapons of a separatist group.

The president of the provisional government in Libya, Ali Zaidan, said: "The government is willing to buy the weapons from the head of the political bureau of the territory of Burqa Cyrenaica, Ibrahim Al-Hadran, in order to stop the state's losses, which have reached DNR6bn until now, due to stopping oil exportation, and also in order to stop bloodshed, which comes in the context of the government's policy to collect weapons from insurgents." 

Currently Libya’s exports of oil are running at around 50% of capacity thanks largely to insurgents stopping work at key ports. [27/1013]

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