video transcript

EDIT CONTAINS 4:3 MATERIAL As night falls in Ras Lanuf, bombs and gunfire continue to fill the horizon. Conflicting reports from rebels and Gaddafi loyalists -- both parties claim control over the oil town which is located about 660 kilometres east of Tripoli. Meanwhile, a possible path to peace from an unlikely mediator. Venezuelan President Hugo Chavez has offered a peace proposal for Libya, and government officials have accepted. SOUNDBITE: (English) Juma Amer, Secretary of African Affairs at the Libyan Foreign Ministry, saying: "We have replied, we said that Libya accepts the initiative of president Chavez. This initiative says that a committee has to be formed from the active African countries, countries from Africa, Asia and Latin America, those politically active countries should form this committee to help in the establishment of national dialogue and to help in the restoration of peace and security in Libya." Members of the Bolivarian Alliance for the Americas -- including Bolivia, Cuba, Ecuador and Nicaragua -- held closed-door meetings in Caracas on Friday to discuss matters. Venezuelan officials have stressed that the problem should not involve NATO or the United States. For now, peace in Libya looks a far way off. In Benghazi, hospital staff rush to treat the wounded pouring through its doors. Rebels say pro-Gaddafi forces bombed an arms depot in Benghazi resulting in the deaths of 17 people. Julie Noce, Reuters