UAE to host Libyan meeting to try reopen El Sharara oilfield: diplomats
By Ulf Laessing and Ahmed Elumami TUNIS/TRIPOLI (Reuters) - The United Arab Emirates is bringing together players in Libya's conflict and the state oil firm to try to reopen the El Sharara oilfield, the North African country's biggest, diplomats and other sources said on Monday. The UAE is the biggest backer of Khalifa Haftar, a key figure and commander of the Libyan National Army (LNA) force, which this month took control of two oilfields in Libya's south, El Sharara and the nearby El Feel facility
By Ulf Laessing and Ahmed Elumami
TUNIS/TRIPOLI (Reuters) - The United Arab Emirates is bringing together players in Libya's conflict and the state oil firm to try to reopen the El Sharara oilfield, the North African country's biggest, diplomats and other sources said on Monday.
The UAE is the biggest backer of Khalifa Haftar, a key figure and commander of the Libyan National Army (LNA) force, which this month took control of two oilfields in Libya's south, El Sharara and the nearby El Feel facility.
The LNA has called on state oil firm NOC to reopen the 315,000 barrel-a-day El Sharara field which has been closed since state guards and tribesmen seized it in December to make financial demands.
But NOC Chairman Mustafa Sanalla on Sunday rejected the LNA's demands, saying El Sharara was not secure because the gunmen who had seized it were still present.
It was not clear whether Haftar would travel to the UAE as his office could not be reached for comment.
Apart from Sanalla, the Tripoli-based Prime Minister Fayez al-Serraj confirmed he would attend, his spokesman said on Twitter.
U.N. Special Envoy Ghassan Salame and U.S. diplomats will also be attending, sources said.
NOC said in a statement Sanalla would meet unidentified Libyan players to "discuss security measures necessary to find a solution to the Sharara crisis, that guarantee staff safety, and pave the way for the lifting of force majeure at the field."
Force majeure is a contractual waiver declared by NOC in December when it shut down production at El Sharara, located deep in Libya's south hit by insecurity.
Serraj heads the internationally recognised government based in Tripoli which opposes a parallel administration based in the east allied to Haftar, who is also based there. Sanalla is based in Tripoli like Serraj but has sought to keep NOC out of the conflict of the two governments.
The U.N. has been mediating between the two camps to overcome divisions and prepare elections but has had little progress. Salame's plan to hold a national conference to decide on the format of elections has met resistance of Haftar's supporters who feel emboldened by recent military progress.
The LNA started in January a campaign to secure oilfields and fight militants in the south, expanding his territory claim much beyond the east which it controls.
The LNA already secures oil ports in eastern Libya, forcing NOC to work with Haftar, who has been supported by the UAE and Egypt.
(Reporting by Ulf Laessing, Nayera Abdallah and Ahmed Elumami; editing by David Evans and Lisa Shumaker)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
By Jessica Resnick-Ault NEW YORK (Reuters) - Oil prices strengthened on Wednesday, as OPEC and its allies were seen complying with a pact to cut oil supply in September, even as concerns loomed that recovery in fuel demand will be stalled by soaring global coronavirus cases. Early in the day crude was boosted by a bullish stock market. Even as equities whipsawed on pandemic worries, oil stayed higher, buoyed by expectations that OPEC could staunch a supply glut
By Tina Bellon and C Nivedita (Reuters) - Tesla Inc will further cut the price of its Model S "Long Range" sedan in the United States to $69,420, the electric carmaker's chief executive, Elon Musk, announced in a tweet https://bit.ly/2H0JCP0 on Wednesday. The anticipated drop marks the second time this week Tesla has cut the price for the high-end sedan, following a 4% cut of the Model S's price in the United States on Tuesday to $71,990.
By Jeff Mason DES MOINES, Iowa (Reuters) - Under siege over his handling of the novel coronavirus pandemic, President Donald Trump on Wednesday cited what he said was his son's mild bout of the virus as a reason why American schools should reopen as soon as possible. Trump made the comment about his son, Barron, as the president swept into Iowa on a mission to shore up support in battleground states that he won in 2016 but is in danger of losing to Democrat Joe Biden barely three weeks before the election. First lady Melania Trump announced in a statement earlier in the day that the virus that struck both her and her husband had also infected their 14-year-old son