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Tag Archives: oil exports

Turkey continues commitments to Sarraj Libyan government

Turkey’s agreements and cooperation with Libya’s internationally recognised government will continue despite Prime Minister Fayez al-Sarraj’s desire to quit, Presidential Spokesman Ibrahim Kalin was quoted as saying on Monday. In June, Turkish military support helped Sarraj’s Government of National Accord (GNA) repel an assault on Tripoli by Khalifa Haftar’s eastern-based …

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Sarraj’s safe exit plan not to Turkey’s liking

President Tayyip Erdogan said on Friday Turkey was upset that Libya’s internationally recognised Prime Minister Fayez al-Sarraj, an ally, wants to quit next month and Ankara may hold talks with his government on the issue in the coming week. Sarraj announced on Wednesday his intention to step down by the …

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UN Security Council wants peace envoy in Libya

The U.N. Security Council on Tuesday asked Secretary-General Antonio Guterres to appoint a special envoy to broker peace in Libya, although Russia and China abstained from voting on the resolution that also extended the U.N. mission in the country. Ghassan Salame, who headed the U.N. political mission and was also …

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Japan major customer of UAE crude

Japan imported from the United Arab Emirates 21.564 million barrels of crude oil in April 2019, data released by the Agency of Energy and Natural Resource in Tokyo showed. This accounts for 23.7 percent of Japan’s total crude imports, the agency that belong to the Ministry of Economy, Trade and …

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Kuwait stops crude oil shipping for first time since first Gulf War

Kuwait has all but stopped shipping crude to the US for the first time since the aftermath of Saddam Hussain’s invasion in 1990, eroding an economic link between Washington and the Arab state. The halt is the latest sign that booming demand for oil in Asia, particularly as the US …

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Iran’s exports will not come down to zero

The US will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian official said. Iran’s Opec governor Hossein Kazempour Ardebili said that a “supply shortage” meant that the US would not be …

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