Friday, 4 April 2014

Libya Rebels Report Accord ‘in Principle’ to Reopen Ports - Bloomberg

Libya Rebels Report Accord ‘in Principle’ to Reopen Ports - Bloomberg:



"The prospects for a recovery in Libyan oil exports moved closer after rebels blocking shipments from the country’s east said they agreed in principle with the government to allow a resumption.



The rebels’ Executive Office for Barqa, representing the eastern region of Cyrenaica, reached an accord that four terminals halted since July can reopen, Ali Al-Hasy, a spokesman for the group, said April 2. Barqa politicians indicated the ports could operate within 24 to 48 hours, Sliman Qajam, a member of the energy committee in Libya’s government, said by phone yesterday from Tripoli, the capital."



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