Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
This week’s recovery in Libyan crude output has yet to be matched by increasing exports, while preliminary election results have rattled Islamist militias, who responded by attacking Tripoli airport.
Pricing disputes and technical issues are preventing a resurgence of Libyan crude exports after the government regained control over two key ports and Libya’s largest oil field, as the country’s precarious security situation and political instability were exposed by heavy fighting at Tripoli airport.
Exports from the Es Sider and Ras Lanuf terminals will likely resume in August – a full month after a federalist movement ended its year-long blockade of the eastern ports – officials at the state-owned National Oil Corporation (NOC) said. Crude from the western Sharara field is also not finding its way to the market yet, in spite of the field restarting production last week.
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE