Libya Export Boost

A ten-month blockage of crude exports from Libya’s east was dismantled further this week, as a second oil port resumed operations.

The Zueitina terminal sprang into life on 1 May, according to National Oil Corporation (NOC) spokesman Muhammad el Harari, loading crude from the oil-rich Sirte Basin for export. Two weeks earlier, Tobruk’s Marsa el Hariga terminal became the first of five eastern ports to become operational since striking workers shut them down last July (MEES, 17 April).

Exports from Libya will remain low while the three other terminals are kept shut, and a strike at an oil port in the west prevents production at the key Repsol-operated 340,000 b/d Sharara oil fields. (CONTINUED - 404 WORDS)