Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Shakira 2026 World Cup anthem
    Videos

    Shakira 2026 World Cup Anthem “Dai Dai” Featuring Burna Boy Unveiled

    May 8, 2026 2 Min Read
    Zayn Malik
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Libya declares oil crisis over after state reclaims ports
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > Libya declares oil crisis over after state reclaims ports
Business

Libya declares oil crisis over after state reclaims ports

Web Desk
By Web Desk Published July 3, 2014 2 Min Read
Share
SHARE

Libya’s acting Prime Minister Abdullah al-Thinni said the government had reached a deal with a rebel leader controlling oil ports to hand over the last two terminals and end a blockade that crippled the OPEC nation’s petroleum industry.

“We have successfully reached an agreement to solve the oil crisis. We have received today Ras Lanuf and Es Sider oil ports thankfully without the use of force,” Thinni said at Ras Lanuf terminal in eastern Libya. “I officially declare this is the end of the oil crisis.” Thinni said the ports had been reclaimed after an agreement with Ibrahim Jathran, whose fighters had seized the terminals almost a year ago to demand more regional autonomy.

Jathran told reporters that he had handed over the ports as a “goodwill gesture” to the new parliament, which was elected last month.

Taking back the two major eastern oil terminals could make around 500,000 more barrels a day of crude available for export, a major breakthrough for the North African state whose coffers have been hit hard by oil revenue losses.

The end of the blockade would also see a final chapter of a crisis that included failed negotiations, threats to bombard rebels and even an attempt by Jathran to dispatch an oil tanker that was later boarded on the high seas by US commandos.

Disputes over Libya’s vast oil resources have been among the many triggers for conflict between rival brigades of former rebels and allied political factions since civil war ended four decades of Muammar Gaddafi’s one-man rule in 2011.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Pakistan cricketer Babar Azam raises his bat while wearing a white Test uniform and green helmet.

Babar Azam Sets New Batting Record With 9,000 Runs

Will Ferrell stands onstage in SNL a tattered costume beside a performer impersonating Donald Trump, with American flags in the background.

Will Ferrell SNL Cold Open Targets Trump in Finale

US Congressman Jack Bergman smiles in a formal portrait with an American flag in the background.

Pakistan US-Iran Talks Role Praised by US Lawmaker

Post Archives

More Popular from Photonews

Liaqat Ali foiled near the Khushal Garh Railway Bridge.
Khyber Pakhtunkhwa

Attock Suicide Attack Foiled As Citizen Dies Near Bridge

2 Min Read
Russian bombers Baltic
World

Poland Russian Plane Intercepted Over Baltic Sea

1 Min Read
A UK government bond certificate labeled “Gilt” sits beside £20 notes, stacked coins, a calculator and financial papers.
Business

UK Gilt Yields Hit Highest Level Since 2008

1 Min Read
Top NewsWorld

Saudi Strikes On Iran Claimed In Reuters Report

Saudi strikes on Iran were alleged in a Reuters report citing two Western and two Iranian…

May 13, 2026
Top NewsWorld

Nida Khan SIT Probe Widens In India BPO Case

India’s Nida Khan SIT probe has widened after investigators examined alleged religious coercion, digital links and…

May 12, 2026
EntertainmentWorld

Duchess Sophie Garden Design Debuts at Royal Windsor Flower Show

Winsor: Duchess Sophie, wife of Prince Edward, has revealed a new talent as a garden designer,…

May 12, 2026
Sindh

Anmol Pinky Court Appearance Sparks Police Conduct Claims

Anmol Pinky court appearance in Karachi drew attention after the narcotics case accused alleged outside court…

May 16, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?