Libyan oil port to reopen as Opec nation boosts output

The Zawiya terminal is preparing to resume exports after the pipeline supplying it was reopened
Dubai: Libya is reopening its last major oil-export terminal that was shut amid fighting that hobbled output in the country with Africa’s largest crude reserves.
The Zawiya terminal is preparing to resume exports after the pipeline supplying it was reopened, an official at the state-run National Oil Corp. said, asking not to be identified for lack of authorisation to speak to news media. With Zawiya shipping, all nine of Libya’s main oil ports would be exporting. The country is revving up its oil industry just as most of its Opec peers are cutting production to counter a glut.
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Source: gulfnews.com

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