Workers at Libya’s major Sharara field have restarted operations, two engineers working there said, after National Oil Corporation (NOC) announced a partial lifting of force majeure. They said flaring had restarted at the field and shared a video of it, and added that engineers had been returning to the area …
Read More »Libya to Export only Oil Accumulated in Terminals
Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be exported, Libyan National Army spokesman Major General Ahmad al-Mismari said. “The opening of oil facilities means exportation of only what is in the tanks, the …
Read More »UAE Wants Libya to Return to Oil Production amid War
The United Arab Emirates wants Libya to “return to oil production” as soon as possible, a top Emirati official said Monday, after officials with Libya’s U.N.-supported government in Tripoli accused the UAE of ordering rival Libyan forces to block oil sales. Anwar Gargash, the Emirates’ minister of state for foreign …
Read More »Libya Declares Force Majeure on Oil Exports
The state-owned National Oil Corporation (NOC) of the UN-backed Libyan government on Sunday declared force majeure on oil exports again due to renewed oil blockade by the east-based army. The NOC said in a statement that it “condemns unreservedly the renewed blockade on Libyan oil exports and calls for the …
Read More »Libya to Resume Oil Exports after Months-Long Shutdown
The head of Libya’s state energy company said the war-torn country would resume crude oil exports for the first time in six months, state-run Anadolu news agency said. Since the beginning of the year, forces of rebel General Khalifa Hasftar’s self-styled Libyan National Army (LNA) have blocked oil production and …
Read More »Libyan Crude Exports Drop again as Port Blockade Drags on
Libya will export two oil cargoes totaling 1.2 million barrels in July — a third less than in June — as forces opposed to the Tripoli-based government continue to block shipments from most of the OPEC member’s ports. The Bouri and Farwah terminals will each ship one cargo of 600,000 …
Read More »Libya Says Foreign Mercenaries Shut down Oil Supplies in Oilfields, Ports
The Foreign Ministry of Libya’s UN-backed government on Saturday said that there are “mercenaries” allied with the rival eastern-based army shutting down oil exports inside oilfields and ports. “The Foreign Ministry followed up reports and information confirming presence of foreign mercenaries of the Russian Wagner, Janjaweed, and other mercenaries inside …
Read More »OPEC will Exempt Libya from Production Cuts
OPEC is to exempt Libya from a plan to slow down oil production for a period of two months, starting next May, due to the production lost through the closure of ports and fields by pro-Haftar militias east of Libya. The oil-exporting countries, with the exception of Mexico, have agreed …
Read More »Libya’s National Oil Company Calls for Reopening Oil Fields, Ports
Libya’s National Oil Corporation (NOC) on Friday called for reopening the country’s oil fields and ports, closed in January by tribal leaders in protest against the UN-backed government. “We call on those responsible for the closure to immediately lift the blockade and spare oil sector workers and citizens further suffering,” …
Read More »Libyan Oil Output Recovery could Neutralize OPEC’s Plans to Cut Deeper
Libya was currently producing around 121,000-123,000 b/d because of the blockade.
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