Paralysis: Ongoing strike at oil export terminals has cost Libya $13 billion

Special to WorldTribune.com

CAIRO — After three months, Libya has failed to resolve a strike of its export oil terminals.

Striking Libyan oil workers call on management to resign.
Striking Libyan oil workers call on management to resign.

Officials said the Tripoli government and strikers have not achieved progress in negotiations to renew operations of the terminals.

The officials said the suspension of oil exports have cost the North African state at least $13 billion.

“The situation is in total deadlock,” Abdul Wahab Al Qaid, a senior official, said.

In an address to the General National Congress on Nov. 4, Al Qaid said the strikers have hardened their positions on the reopening of the terminals of Sidra, Ras Lanouf and Zueitina.

Officials said strike leaders were trying to sell the oil to foreign traders.

You must be logged in to post a comment Login