Home / Tag Archives: libya oil

Tag Archives: libya oil

Eastern Libyan oil firm postpones Dubai conference to discuss contracts

Eastern Libyan oil firm postpones Dubai conference to discuss contracts 1

Sunday 30 August,2015 BENGHAZI, Libya– A state oil firm loyal to Libya’s official government based in the east of the country has postponed a conference in Dubai to discuss oil majors’ existing contracts with the OPEC member country. The event will now be held on Sept. 16, two weeks later than originally planned, the organisers said in a statement To …

Read More »

Eastern Libya’s Agoco producing 220,000 bpd of crude

Eastern Libya's Agoco producing 220,000 bpd of crude 1

Wednesday 19 August,2015 State oil firm the Arabian Gulf Oil Co (Agoco), which runs Libya’s biggest oilfield, Sarir, and the eastern Hariga port, is producing 220,000 barrels a day (bpd), a company spokesman said. That is stable from previous weeks but down by up to 50,000 bpd from June as the Majid, Nafoura and Bayda oilfields are closed due to …

Read More »

Libya’s El Feel, El Sharara oilfields remain closed-

Libya's El Feel, El Sharara oilfields remain closed- 1

Monday 10 August,2015 Tripoli : Libya’s El Sharara and El Feel oilfields remain closed due to protests and a pipeline blockage, oil officials said on Monday. Tribal elders have been trying for months to resume work at both fields, which could add some 400,000 barrels per day (bpd) of crude, doubling Libya’s current output. Unconfirmed postings on social media suggested …

Read More »

Tankers to load 2 mln barrels of oil in eastern Libya – officials

Tankers to load 2 mln barrels of oil in eastern Libya - officials 1

Sunday 09 August,2015 BENGHAZI, Libya  – Three tankers will load almost 2 million barrels of crude oil at the eastern Libyan ports of Hariga and Brega this week, oil officials said on Sunday. A tanker had docked at Hariga to load 700,000 barrels, one official said. A second tanker had loaded 600,000 barrels at Brega on Saturday, while a third …

Read More »

Libya’s oil output at nearly 400,000 b/d

Libya’s oil output at nearly 400,000 b/d 1

Friday 07 August,2015 TRIPOLI: Libya’s oil production is currently nearly 400,000 barrels a day, the oil minister in one of the country’s rival governments which controls Tripoli, said yesterday. Mashallah Zwai also said that power cuts in the country had not affected oil output. Authorities shut down Libya’s biggest steel firm this week due to power shortages after fighting and …

Read More »

All Libyan Oil Fields Secured, Completely Controlled by Military

All Libyan Oil Fields Secured, Completely Controlled by Military 1

Monday 27 July,2015 All of Libya’s oil fields are under full control and protection of pro-government armed forces, Libyan Information Minister Omar Qweri told Sputnik Arabic. “Libyan crude deliveries are currently insufficient, but all the oil fields are well-protected and under the army’s control,” Qweri said in an interview. The oil-rich North African country has been torn by in-fighting between two rival governments since the UN-backed Western invasion helped …

Read More »

Libya’s recognized government warns tankers away from Ras Lanuf port

Libya's recognized government warns tankers away from Ras Lanuf port 1

Friday 10 July,2015 Libya’s recognized government warned its security forces would seize any tankers approaching the Ras Lanuf terminal without permission, saying any attempt to make oil deals with the rival government in Tripoli would be “piracy”. The warning over Ras Lanuf illustrates how the OPEC country’s oil industry is caught up in a power struggle between the two rival …

Read More »

Libya has lifted force majeure at Ras Lanuf: NOC

Libya has lifted force majeure at Ras Lanuf: NOC 1

Wednesday 08 July,2015 Libya has lifted force majeure at the major Ras Lanuf oil terminal, though restarting exports would take at least two days depending on available crude, a spokesman for the National Oil Corporation (NOC) said. Restarting Ras Lanuf would be a major boost for Libya’s crippled oil industry. The terminal, along with another major eastern oil port Es …

Read More »

Libya in talks to reopen El Feel, El Sharara oilfields

Libya in talks to reopen El Feel, El Sharara oilfields 1

Wednesday 17 June,2015 Tripoli : Libyan authorities will try during the month of Ramadan to reopen pipelines for El Feel and El Sharara oilfields and Zueitina port that have been blocked for weeks by protests and disputes, the state oil company said on Tuesday. The two major oilfields and oil terminal have been shuttered by protesters demanding jobs, disputes among …

Read More »

Libya’s official government fails to sell oil directly – sources

Libya's official government fails to sell oil directly - sources 1

Saturday 13 June,2015 Libya’s official government, based in the east since fleeing the capital, has so far failed to sell oil by itself, despite setting up a Dubai bank account and new central bank unit, industry and banking sources say. The internationally recognised government said in March it wanted oil buyers to pay through a new state oil firm with …

Read More »