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 by Staff Writers Tripoli (AFP) March 15, 2018
Libya's navy has seized an oil tanker suspected of illegally loading fuel and arrested its Greek crew, a navy spokesman said Thursday. The tanker was intercepted on Wednesday evening off Libya's western coast, about eight nautical miles from the Abu Kamash oil plant, said spokesman Ayoub Kacem. Abu Kamash is the site of one of the oil-rich North African country's largest petrochemical complexes, west of Tripoli and near the Tunisian border. The Togolese-registered ship, Lamar, was spotted in Libyan territorial waters "without authorisation... and in a suspicious area where fuel smuggling operations take place," Kacem said. "Many ships have been seized in the past in this same area whilst illegally loading fuel," he said. The tanker and eight crew members, all Greeks, were taken to a naval base in Tripoli and were waiting to be questioned, he added. The tanker was carrying about 950,000 litres of fuel when it was "intercepted... then directed to the Tripoli naval base", Colonel Abouajila Abdel Barri, a coast guard officer, told AFP. Wracked by chaos since the fall and killing of longtime dictator Moamer Kadhafi in a NATO-backed 2011 uprising, Libya has become a haven for traffickers of everything from oil to people. The country's oil wealth, the largest in Africa, has been the focus of bitter disputes as rival militias and governments struggle for power. bur-rb/ila/par/dv
Tillerson ouster bullish for oil, analysts say Washington (UPI) Mar 14, 2018 The departure of Rex Tillerson as the top U.S. diplomat could end the Iranian nuclear deal and send oil prices sharply higher as a result, analysis finds. U.S. President Donald Trump unceremoniously dumped Tillerson using a statement Tuesday on Twitter. Tillerson, the former head of Exxon Mobil, was among the voices encouraging Trump to stick with an agreement that gives Iran relief from sanctions pressure in exchange for commitments to draw down its nuclear research program. The Trump a ... read more
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