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Libya News

24 Aug 2020

Tanker to Load 30,000 Tonnes of Condensate from Libya's Brega port

The Valle di Siviglia tanker arrived at Libya's Brega port on Monday to load 30,000 tonnes of condensate to allow for continued gas production for local power plants, the National Oil Corporation (NOC) said.Brega and other east Libyan ports have been blockaded since January by the eastern-based Libyan National Army (LNA) and its allies as part of a wider conflict and dispute over the distribution of oil revenue.Eastern authorities have said they will allow the export of stored condensate and oil to enable the continued production of gas used by local power stations, after shortages had led to lengthy power cuts.The NOC said the shipment of condensate would allow for gas production to continue at 160 million cubic feet (mcf) per day.However, there would still be a shortfall of around 90 mcf

19 Aug 2020

Stored Crude, Condensate Could be Shipped from Shuttered Libyan Ports

Ā© Puchthanun / Adobe Stock

A limited reopening of Libyan oil terminals could allow the export of some crude oil and condensate stored at Es Sider, Brega, Zueitina and Hariga, but leaves a months-long blockade of the ports in place, oil engineers say.East Libyan authorities said on Wednesday they would permit exports of the stored products in an effort to ease an electricity supply crisis that has resulted in increasingly lengthy power cuts.The ports have been blockaded since January by east Libyan factions as part a wider conflictā€¦

13 Jul 2020

Libya's NOC Reinstates Force Majeure on Oil Exports. Blames UAE for Blockade

Libya's National Oil Corp (NOC) on Sunday accused the United Arab Emirates of instructing eastern forces in Libya's civil war to reimpose a blockade of oil exports after the departure of a first tanker in six months.The UAE, along with Russia and Egypt, supports the eastern-based Libyan National Army (LNA) of Khalifa Haftar, which on Saturday said the blockade would continue despite it having let a tanker load with oil from storage."NOC has been informed that the instructions to shut down production were given to (the LNA) by the United Arab Emirates," it said in a statement, resuming force majeure on all oil exports.There was no immediateā€¦

10 Jul 2020

Libya's NOC Lifts Force Majeure on Exports. First Tanker Loaded at Es Sider

Libya's National Oil Corporation (NOC) lifted force majeure on all oil exports on Friday as a first tanker loaded at Es Sider after a half-year blockade by eastern forces, but said technical problems caused by the shutdown would keep output low."The increase in production will take a long time due to the significant damage to reservoirs and infrastructure caused by the illegal blockade imposed on January 17," NOC said in a statement.A first cargo of 650,000 barrels will be shipped by the Kriti Bastion Aframax tanker, chartered by Vitol, which two sources at Es Sider port said had docked and started loading on Friday morning.The blockadeā€¦

08 Jul 2020

Guards Block Oil Tanker from Loading in Libya

Petroleum facilities guards prevented a tanker from entering Libya's Es Eider port to load a cargo of crude oil from storage on Wednesday, the National Oil Corporation (NOC) said in a statement.The Delta Ocean tanker had been blocked from loading despite what NOC Chairman Mustafa Sanalla called "the clear Libyan and international consensus that the NOC should lift force majeure.""The NOC is consulting with all parties to find a way forward," Sanalla said in the statement.(Reporting by Aidan Lewis. Editing by Jane Merriman)

10 Jul 2020

Libya's NOC to Lift Force Majeure at Es Sider Oil Port

Libya's National Oil Corporation (NOC) said on Wednesday that it is ready to lift force majeure at Es Sider oil port, allowing a tanker on standby to load crude from storage.The state oil company urged all Libyan parties to support it and called on what it described as "foreign mercenaries and armed groups" to leave the oil port immediately.The Delta Ocean Suezmax tanker arrived at the port on July 5 and has been waiting since then, according to Refinitiv Eikon data.The tanker was chartered by trader Unipec, according to a shipping and a trading source.