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Author: LS

The Libyan Audit Bureau discloses the identity of it accused member

 A source at the Libyan Audit Bureau told “Tabadul” that the member of the bureau who has been charged of extortion and bribe is one of the technical audits.

According to our source, the member of the Bureau who has been referred him to the Attorney General is called “S. T.”

The Source added that the President of the Libyan Audit Bureau, Khaled Shakshak, lifted immunity on this member.

NOC warns against continued military occupation of its oil facilities

The National Oil Corporation (NOC) reported the presence of a war ship in the Ras Lanuf oil port. The war ship entered the terminal on Saturday 5 September 2020 and at present remains in port.

In recent days, NOC has recorded several security breaches at Ras Lanuf, the most recent at the end of last week involving the discharge of live ammunition. Ras Lanuf contains oil installations whose damage could pose a significant risk to life and limb as well as to the environment.

An NOC spokesman stated: “NOC demands the immediate withdrawal of all military personnel from its facilities to protect the safety of its employees and the integrity of its infrastructure.  We cannot tolerate the lives of our employees being put at risk or our facilities being damaged or destroyed by illegal military activity”.

Tanker fixed to load crude from Libya’s Es Sider port despite force majeure

Hess may seek to load a cargo of stored crude from Libya’s Es Sider port this week, in what could be a major test for a recent ceasefire between warring factions who have brought the country’s oil production to a near standstill, sources told S&P Global Platts.

The company has chartered the Greek-flagged Minerva Eleonara to take on 600,000 barrels of crude from the terminal, according to a shipping report seen by Platts, and sources said it may arrive at the port as soon as Sept. 10, though its arrival has yet to be confirmed by port officials.

Libya’s National Oil Company has maintained a force majeure on Es Sider and other key ports, with the rebel Libyan National Army imposing an oil blockade as it vies for control of the country against the UN-backed Government of National Accord.

But a ceasefire after UN-mediated talks in Geneva in August could pave the way for crude exports to resume.

The Petroleum Facilities Guard militia, aligned with the LNA, has said it may reopen key oil ports to allow exports of some barrels from storage tanks that have been filled to capacity, shutting in oil and gas production.

Hess, which could not immediately be reached for comment, could be the first company to lift oil from Es Sider in nine months, except for a brief window in July, when the Vitol-fixed Kristi Bastion was allowed to export a 600,000 barrel cargo, according to Platts shipping tracking program cFlow.

Hess holds an 8.16% interest in Libya’s Waha concession, which has 13 producing fields in the Sirte Basin linked to Es Sider.

“They are unsure if it will go ahead,” a source familiar with the matter said of Hess on condition of anonymity. “They are worried the PFG won’t allow it. There is no deal on lifting the FM yet.”

NOC, which has welcomed the ceasefire while also decrying the presence of armed groups around oil terminals, was not immediately available for comment.

On Aug. 24, NOC said OMV lifted a 30,000 mt condensate cargo from the Brega terminal to free up storage capacity in a sign of deescalating tensions, though sources said a crude export from the larger Es Sider would be a much bigger breakthrough.

Libya’s Audit Bureau reveals corruption and bribery cases of its member

The President of the Libyan Audit Bureau, Khaled Shakshak, lifted immunity on a member of the Bureau being investigated on charges of extortion and bribe.

The Audit Bureau confirmed the incident and referred him to the Attorney General’s office for Public Prosecution procedures for this case.

Water supplies flow back to Tripoli

The Man-made River Authority (MMRA) said Monday that water started flowing back to Tripoli, adding that water is going to run normally within hours in other cities.

It will be reminded that the MMRA said the long hours of power cuts during the past period have resulted in the interruption of water supplies to Tripoli, the coastal cities, and the mountain region.

Libyan Municipality extends the closure of the city’s borders

Ghadames Municipal Council has extended its decision issued on September 4 related to the closure of the municipality’s borders.

The Municipal Council said in a statement that the closure will be extended for another 72 hours starting from Monday, September 7.

It added that the extension was based on the recommendations of the medical committee at Ghadames Hospital and the Scientific Committee to combat the Coronavirus pandemic.

Spanish Minister of Foreign Affairs hold talks with Aquila Saleh

Spanish Minister of Foreign Affairs Arancha Gonzalez Laya on Monday expressed Spain’s support for the UN-backed Libyan government and a cease-fire in Libya.

During her meeting with the President of the Tobruk-based Parliament, Aquila Saleh, Laya stressed her country’s support for the Government of National Accord and the statement of the prime minister issued on Aug. 21 that calls for a cease-fire, disarming the city of Sirte, Jufra district and the oil crescent region, resumption of oil exports, and holding presidential and parliamentary elections in March.

The meeting also discussed cooperation in various economic and service sectors, as well as activating the joint committees between the two countries, the statement said.

Libya: Losses of Oil Shutdown Surpass $9.5 Bn

On Monday, Libya’s state National Oil Corporation (NOC), announced that the shutdown of oil fields and ports has caused losses of more than 9.5 billion US dollars.

The NOC stated that the blockade, which has been going on for the last 234 days, will affect the financial arrangements and salary provisions for the financial year 2020-2021.

On Friday, the NOC welcomed proposals from Parliament Speaker, Ageela Saleh, and the Prime Minister of the Government of National Accord (GNA), Fayez Al-Sarraj, to lift a seven-month oil blockade. 

The two also proposed placing revenues in an independent bank account, until a political solution is reached.

Sarraj, US ambassador to Turkey discuss the need of reopening oil fields

 The Head of the Tripoli-based Government of National Accord (GNA), Fayez Al-Sarraj, stressed with the American ambassador to Turkey David Satterfield the importance of reopening oil fields and ports and resuming exports.

According to Al-Sarraj’s media office, the meeting discussed developments in Libya and bilateral relations between the two countries.

Al-Sarraj and Satterfield also discussed ways to expand the strategic partnership between the United States and Libya to combat terrorism to include other areas.

The two parties stressed the need to accelerate the resumption of oil production and export under the management of the National Oil Corporation and the supervision of the Government of National Accord, according to the Information Office of the Government of National Accord.