No Result
View All Result
Friday, May 15, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

$35 million allegedly paid for illegal oil shipment

bythomwestcott
March 8, 2014
Reading Time: 1 min read
A A

By Ayman Amzein.

Benghazi, 8 March 2014:

A sum of $35 million has allegedly been paid for a shipment of crude illegally being . . .[restrict]loaded at the Es-Sider oil export terminal today.

A source close to Ibrahim Jadhran, the self-styled leader of the federalist movement that has closed oil fields and facilities and created the ‘government of Cyrenaica’,  told the Libya Herald that the sum had been paid into a bank in Beida.

A North Korean-flagged tanker docked at 6am today and spokesperson for the so-called ‘government of Cyrenaica’ Ali El-Hassi said it had successfully loaded a shipment of the equivalent of 350,000 barrels of oil by early evening.

RELATED POSTS

LAIP signs MoU with Saudi Ajyal Company – discussions included participation in Zuwara Oil Refinery project

Tripoli Libyan government economic delegation holds further meetings in Saudi Arabia

There are reports, however, that the tanker did not actually start loading until 8pm. A well-placed shipping source said that the captain had wanted to leave without the oil but that the crew were threatened and forced to start loading operations.

A number of sources, including a member of the General National Congress, said that, although sailing under the flag of North Korea, the vessel was owned by a Saudi Arabian businessman.

The Saudi Arabian Embassy, however, released a statement today saying the oil tanker was not in any way connected to the Kingdom.

The Saudi ambassador said that the Kingdom respected Libyan sovereignty over its territorial waters and its right to defend its interests. It condemned any violation of international regulations and laws that undermined the Libyan sovereignty, he added.

Prime Minister Ali Zeidan said that military action would be taken against the vessel if it did not follow instructions from the Libyan Navy. [/restrict]

Tags: federalismhydrocarbon exportsLibyaNorth Koreaoil exportssaudi Arabia

Related Posts

Largest NOC delegation attends London’s Africa Energies Summit & Libya Energy Forum, signs MoU with LBBC and British Council
Business

Largest NOC delegation attends London’s Africa Energies Summit & Libya Energy Forum, signs MoU with LBBC and British Council

May 15, 2026
Fly Dubai announces launch of its direct Dubai-Benghazi route starting from 17 June
Libya

Fly Dubai announces launch of its direct Dubai-Benghazi route starting from 17 June

May 15, 2026
CBL receives results from meetings with international banks
Business

CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again

May 12, 2026
Germany’s GIZ launches Libya IT sector survey to assess employment potential, identify training gaps
Libya

GIZ organises workshop on sustainable municipal waste management systems

May 10, 2026
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Tripoli Court convicts former Financial Controller at the Libyan mission in Bangladesh to fours jail for financial fraud

May 9, 2026
Petrol queues stoked by false rumours: Brega Petroleum
Libya

Zawia armed clashes ended – Zawia Refinery’s Aviation Kerosene Tank 501 ruptured

May 9, 2026
Next Post

Former security officer killed in Benghazi

Protection and honours for International Women’s Day in Tripoli

Top Stories

  • NOC announces force majeure at Zawia port

    Libya’s National Oil Corporation regains full control of Ras Lanuf Refinery from Emirati LERCO JV’s Trasta Company

    0 shares
    Share 0 Tweet 0
  • Libyan Express and Italy’s 4 Airways to launch joint Libya-Europe air route ”soon”

    0 shares
    Share 0 Tweet 0
  • Zawia armed clashes ended – Zawia Refinery’s Aviation Kerosene Tank 501 ruptured

    0 shares
    Share 0 Tweet 0
  • Zawia clashes lead to Zawia Refinery shutdown and evacuation of Zawia Port

    0 shares
    Share 0 Tweet 0
  • Libyan United Airlines holds Cabin Crew Open Day in Tripoli – in anticipation of its launch on a yet unspecified date

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Largest NOC delegation attends London’s Africa Energies Summit & Libya Energy Forum, signs MoU with LBBC and British Council

Fly Dubai announces launch of its direct Dubai-Benghazi route starting from 17 June

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.