Tag: Libya
Armed protests cut Libyan oil production by 252,000 b/d
Stoppage threatens Libyan oil production revival Libyan oil production from two of the country’s western oilfields was blocked by armed protesters, reducing the struggling country’s output by 252,000 b/d, a source at the National Oil Corporation told Reuters on Tuesday. As a result, NOC declared a force majeure on Sharara crude loadings from the Zawiya oil […]
Libyan oil output up to 700,000 b/d after end of port fighting
Libyan oil output hampered by fighting at two key ports Libyan oil output has increased to 700,000 barrels per day according to the National Oil Corporation, after a drop earlier in March due to fighting at two of the North African country’s two key oil ports. “We are working very hard to reach 800,000 barrels […]
Libya’s NOC pipelines reopened, expecting 270,000 b/d boost in 3 months
NOC pipelines shut for two years due to blockade By Ahmed Elumami and Aidan Lewis TRIPOLI/TUNIS, Dec 20 (Reuters) – Libya’s National Oil Corporation said on Tuesday that pipelines leading from the western fields of Sharara and El Feel had been reopened after a two-year blockade, paving the way for a major boost to production. The […]
Tanker docks at Libya’s Es Sider port to load first crude cargo in two years
Es Sider one of four ports seized in September by forces loyal to Khalifa Hartar BENGHAZI, Libya, Dec 19 (Reuters) – An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said. Es Sider, Libya’s […]
Libya’s oil production shows signs of continued gains – Wood Mackenzie
Libya’s National Oil Corporation’s target of 900,000 b/d by end of year depend on ending blockade of western pipeline Wood Mackenzie’s latest study on Libya’s oil production shows the country’s output has doubled from 300,000 barrels a day in early Sept. to close to 600,000 barrels a day today, adding to the global oil supply glut. […]
Libyan oil port takeover gives edge to eastern commander
Tankers loading at four Libyan oil ports By Aidan Lewis TUNIS, Sept 23 (Reuters) – Less than a fortnight after forces loyal to Khalifa Haftar swept into four Libyan oil ports, tankers are loading, production has jumped, and momentum has shifted firmly in the divisive former general’s favour. For Haftar’s opponents, and for Western powers, the […]
Libya exports first oil cargo from Ras Lanuf since 2014
Ras Lanuf loading second tanker: Port Manager By Ayman al-Warfalli BENGHAZI, Libya, Sept 21 (Reuters) – An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving the North African producer’s oil output. […]
Libya’s NOC calls for end to blockade of western oil pipelines
NOC wants to double production this month, triple by end of year TRIPOLI, Sept 19 (Reuters) – Libya’s National Oil Corporation (NOC) called on Monday for the reopening of pipelines from major oil fields in the south west of the country. Last week the NOC said it would restart exports from the eastern “Oil Crescent” ports […]
Clashes at Libyan oil ports as counter-attack repelled
Libyan oil ports battles raise new fears of conflict over oil By Ayman al-Warfalli BENGHAZI, Libya, Sept 18 (Reuters) – Eastern Libyan forces said they had reestablished control over two oil ports where an ousted faction launched a counter-attack on Sunday, briefly seizing one of the terminals. The ports of Es Sider and Ras Lanuf […]
Libya oil exports resuming from some major ports
Libya oil exports from Zueitina, Ras Lanuf exports to resume, Es Sider soon By Ayman al-Warfalli BENGHAZI, Libya, Sept 15 (Reuters) – Libya is resuming oil exports from some of its main ports which forces loyal to eastern commander Khalifa Haftar seized in recent days and has lifted related “force majeuere” contractual clauses, the National Oil […]
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