Refinery Restart Offers Hope To Libya’s Sirte Basin Producers

The 31 August restart of production at Libya’s 220,000 b/d Ras Lanuf refinery has left producers at key fields supplying the plant hopeful of hiking production.

Production at the fields in Libya’s Sirte Basin which supply Ras Lanuf port and refinery has been limited in recent months not by the refinery outage per se. Rather the resultant additional crude export volumes had put pressure on storage at Ras Lanuf port, where three tanks were destroyed in last year’s fighting. This had

led to pipeline capacity to the port to be rationed. The worst affected companies have been those shipping crude via the pipeline linking the Amal field (operated by the Harouge joint venture led by Canada’s Suncor) with Ras Lanuf (MEES, 3 September). Shippers on this route – who include Germany’s Wintershall, Libyan state firm AGOCO and the Occidental/OMV Zueitina joint venture as well as Harouge – report that access to the pipeline has already improved. With the refinery’s throughputs set to ramp up to full capacity over the coming weeks they hope the situation will improve further. (CONTINUED - 900 WORDS)


table Ras Lanuf Refinery - 2010 Production