Zueitina Port News

Royal Dutch Shell has provisionally booked a tanker to load a crude cargo at Libya's Zueitina terminal on Oct. 3, potentially the first since January at the recently reopened port.The Amoureux tanker is expected to load a 1 million barrel cargo and then discharge in Singapore on Oct. 22, Refinitiv Eikon shipping data showed.Shell declined to comment on the booking.Libya's National Oil Corporation (NOC) lifted force majeure on crude loadings at the port on Sept. 22.The north African country has seen an uptick in export activity this week following the easing of the blockade imposed by eastern forces in January, which the NOC said cost the country around $10 billion in lost revenue.The Delta Hellas oil tanker loaded a 1 million barrel crude cargo for Unipec…

Officials at Libya's Zueitina oil port have not authorized a tanker contracted by Tripoli-based National Oil Corporation (NOC) to berth, port and industry sources said on Thursday.Zueitina is one of the oil ports that the eastern-based Libyan National Army (LNA) said it would transfer to a parallel NOC, which is based in the eastern city of Benghazi, after fighting this month at the Ras Lanuf and Es Sider terminals.One tanker, the Felicity, finished loading at Zueitina on Thursday under contract from NOC in Tripoli but a second tanker, Amore Mio II, was waiting in the port area without permission to berth, sources said.The head of the parallel NOC, Faraj Said, said he had ordered ports to prevent the entry of any tanker not authorized by his office.An engineer at Zueitina port confirmed th

Libya's National Oil Corporation (NOC) said on Thursday that rival forces had agreed to let a tanker dock at Zueitina port to load oil and take it to a safe place. The NOC expressed concern earlier this month after reports of possible clashes between the Petroleum Facilities Guard (PFG) and forces loyal to eastern commander Khalifa Haftar. The PFG has signed a deal to end its blockade of Zueitina and two other ports with the U.N.-backed Government of National Accord (GNA) in Tripoli, but eastern forces loyal to a separate government have threatened to block a resumption of exports. Those forces recently mobilised near Zueitina and PFG positions, though there have been no reports of violence.

Libya's eastern Zueitina oil port will receive late on Thursday its first tanker of crude since reopening after nearly ten months due to protests, state-run National Oil Corp (NOC) said. The tanker would load one million barrels of crude, NOC spokesman Mohammed El Harari said. According to shipping sources, Austria's OMV had chartered the Ottoman Tenacity. A second tanker would load crude on May 5 and a third one after that, Harari said. NOC lifted force majeure on the port on April 28 following a recent deal with federalist protesters to reopen the smallest two of four blocked eastern ports. (Reporting by Feras Bosalum; Writing by Ulf Laessing)

Libya's eastern oil port of Zueitina, which had been occupied by rebels as part of an eight-month oil blockade, will reopen after damage at its facilities has been assessed, the country's justice minister said on Sunday. Salah al-Merghani also told reporters in the eastern city of Benghazi that a committee to investigate oil corruption had been formed, as agreed under a deal between the government and rebels to end a blockade of eastern oil ports. The reopening of four oil export terminal has been delayed with the rebels accusing the government of not fulfilling all parts of the deal, such as paying financial compensation. Under the…

Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port, a minister said on Sunday. Two weeks ago, the Tripoli government reached an agreement with rebels in the restive east to end their occupation of four oil ports which had halted vital exports. Under the plan, the Hariga and Zueitina ports were due to open immediately while the larger Ras Lanuf and Es Sider terminals would resume oil exports within a month. But justice minister Salah al-Merghani said Hariga port located in Tobruk in the far east would be the only one to start operations due to technical problems at Zueitina.

Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port, a minister said on Sunday. Two weeks ago, the Tripoli government reached an agreement with rebels in the restive east to end their occupation of four oil ports which had halted vital exports. Under the plan, the Hariga and Zueitina ports were due to open immediately while the larger Ras Lanuf and Es Sider terminals would resume oil exports within a month. But justice minister Salah al-Merghani said Hariga port located in Tobruk in the far east would be the only one to start operations due to technical problems at Zueitina.

Libya may have averted a state collapse by striking a deal with eastern rebels to reopen occupied oil ports, but technical delays and simmering federalist dissent threaten to disrupt production once again. On Sunday, Libya's fragile government reached an agreement with Ibrahim al-Jathran, the leader of eastern rebels, to reopen two oil ports they were holding and lift a nine-month blockade crippling crude exports. Under the deal, Hariga and Zueitina ports will reopen immediately, with the larger Ras Lanuf and Es Sider terminals to be freed by Jathran's men in less than four weeks after more negotiations. Nearly three years after dictator Muammar Gaddafi's fall…

Barely a day after Libya's National Oil Corp (NOC) lifted force majeure at Hariga port, two refiners are already preparing to pick up Sarir crude from storage over the next two weeks, trading and shipping sources said on Friday. The Aegean Dignity is on subjects - meaning final arrangements are being made- to load crude at Hariga around April 15-16, sources said. Reuters AIS Live ship tracking showed the tanker with orders to sail to Libya. The charterer was Austrian energy group OMV, they added. Another refiner is looking to charter a ship to load the same grade around April 20-25.

China exports fall for 2nd straight month in March, while U.S. crude stocks rise, at a record on the Gulf coast (EIA). Libya's oil guards take control of Hariga port, Zueitina pending and OPEC sees lower demand for its crude in 2014. Separately, Brent to fall to $107.17. Oil prices slipped towards $107 a barrel on Thursday as weaker data from China and OPEC stoked concerns that growth in global oil demand was easing while markets watched for elusive evidence of a resumption in Libyan exports. Chinese exports unexpectedly fell for a second straight month in March and imports dropped sharply, intensifying expectations of weaker manufacturing and slowing growth in the world's No. 2 economy. Crude imports fell to a five-month low, but rose 2 percent on last year.

Russian Urals crude weakened in the Baltic on Wednesday due to a number of unsold cargoes while Kazakh CPC continued to strengthen due to a lack of sweet barrels. In the Platts window, Trafigura bought a cargo of Urals from Eni at dated Brent minus $1.30 a barrel, some 35 cents weaker than previous price estimates, traders said. Total bid for a cargo of CPC at dated Brent minus 40 cents, some 10 cents stronger than previous price estimates. The price of Urals in southern Europe moved closer to parity with dated Brent due to an absence of Iraq's Kirkuk crude, strong demand and attractive refining margins, traders said. Urals differentials in the Mediterranean were between minus 20 cents per barrel and parity with the North Sea benchmark, traders said Tuesday.

ZUEITINA PORT, Libya/TRIPOLI, April 7  - Libya's Zueitina oil port prepared on Monday to load crude into tankers after the government reached a deal with rebels to reopen four terminals that insurgents have occupied since the summer. The federalist rebels agreed on Sunday to end gradually their eight-month blockade of Zueitina, Hariga, Ras Lanuf and Es Sider ports, which account for around 700,000 barrels per day of the OPEC country's crude exports. Brent crude fell $1.47 to a low of $105.25 per barrel before recovering to $105.72 by 1256 GMT, after news of an end to the port protest removed some of the supply worries affecting the oil market.