Libya’s oil terminals at Hariga, Brega, and Zueitina are open for business and accommodate tankers to ship oil, although the largest port and terminal typically exporting oil from the country’s largest oil field are still in case of force majeure.
According to a update on the ports and terminals this Thursday of the Med Wave Shipping agency in Libya, the port of Mellita is only open to the transport of condensate, while the largest port in terms of capacity, Es Sider, is still closed and under force majeure. The same goes for the Zawiya oil terminal which ships crude produced by Libya’s largest oil field, Sharara. Libya’s third largest port, Ras Lanuf, is also closed and still in cases of force majeure.
Over the weekend, Libya’s National Oil Corporation (NOC) lifted the force majeure event at oil terminals it deemed safe and announced it would restart production from some fields and some crude exports. . NOC will only restart production in “safe” fields and exports from safe ports, the company said.
The head of the Libyan National Army (LNA), General Khalifa Haftar, whose troops, with the help of affiliated groups, blocked Libyan oil ports in January, the blockade announced on Friday.
On Tuesday, the NOC lifted the force majeure on the port of Zueitina after noting “a significant improvement in the security situation which allows the National Oil Corporation (NOC) to resume production and exports to world markets”.
“The ports of Hariga, Brega and Zueitina are therefore classified as safe ports. The remaining oil fields and ports are being assessed against the safety and security standards in force in the national oil sector, ”NOC said Tuesday.
Earlier this week, NOC said it expects oil production in the country to reach around 260,000 barrels per day (bpd) next week, up from around 100,000 bpd before the blockade of its ports and oil fields at the end of last week. .
An oil tanker, Delta Hellas, was already loading crude oil from storage tanks at Hariga on Thursday, a shipping source and a port engineer told Reuters.
By Tsvetana Paraskova for OilUSD
More Most Popular Readings From Oiluka: