No Result
View All Result
Sunday, December 7, 2025
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

Saudi Civil Aviation Authority and several security managers of Saudi air transport companies inspect Tripoli’s Mitiga airport

Minister of Transport Shahoubi held meeting with President of Saudi Civil Aviation Authority – return of Saudi Airlines flights to Libya discussed

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

CBL receives results from meetings with international banks
Business

Latest CBL stats to November 2025 show significant growth in Libya’s electronic banking sector

December 6, 2025
Nine deaths and 16 injured in Tajura state-recognised militia clashes
Libya

Overnight Zawia clashes end with civilian injuries and unconfirmed deaths

December 5, 2025
Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

December 4, 2025
EU to end Operation Sophia and to launch new Mediterranean operation to monitor UN Libya arms embargo
Libya

EU concludes Rome consultations with Libyan institutions on new migration and border management programme

December 4, 2025
Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

Libya’s National Programme for the Deportation of Illegal Immigrants: thousands repatriated with aim to repatriate 60,000 per month

December 3, 2025
ICC upholds admissibility of Saif Qaddafi’s trial
Libya

Libyan national Khaled El Hishri wanted for crimes against humanity and war crimes surrendered by Germany to the custody of the International Criminal Court  

December 2, 2025
Next Post

Former security officer killed in Benghazi

Protection and honours for International Women’s Day in Tripoli

libyaherald-Ads

Top Stories

  • Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    0 shares
    Share 0 Tweet 0
  • AmCham Libya organizing Second AmCham Pavilion at Tripoli’s 2026 Libya Energy & Economic Summit (LEES)

    0 shares
    Share 0 Tweet 0
  • Libyan Ministry of Oil and Gas and Algeria’s Sonatrach discuss enhancing cooperation in the sector

    0 shares
    Share 0 Tweet 0
  • Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

    0 shares
    Share 0 Tweet 0
  • National Oil Corporation, Eni, BP, and Libyan Investment Authority consortium preparing to drill first deepwater exploratory well in Sirte Basin

    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

Zueitina Oil and Gas Co. launches Second Injection Unit – increasing production by 8,000 barrels per day

Latest CBL stats to November 2025 show significant growth in Libya’s electronic banking sector

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.