Libya currently produces 660,000 barrels a day of oil, the official said.
Dubai: Libya’s largest oil export terminal may reopen as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves.
Tankers may be able to load at Es Sider port by next week as maintenance work at the terminal is almost complete, a National Oil Corp. official said by phone on Tuesday, asking not to be identified because he’s not authorised to speak with news media. Es Sider hasn’t exported crude since force majeure, a legal status protecting a party from liability if it can’t fulfil a contract for reasons beyond its control, was declared on loadings almost two years ago.
To continue reading, please click here.
Source: gulfnews.com
intel reports
Security and Risk Report 01/02/23
MAST’s security report issue 362 is available to read now. In the Gulf of Guinea, forces from Nigeria, Benin and Togo have engaged in Exercise
February 1, 2023 No Comments
