Zueitina to Resume Oil Exports in Days

Reuters reports that the Zueitina oil terminal should reopen in the coming days.

The oil ministry gave the go-ahead to re-start operations after the protesters who forced the shutdown last month had left the site. Negotiations on the protesters demands are ongoing.

No oil has been shipped from Zueitina, which normally exports around 60,000-70,000 bpd, since the start of January.

Deputy Oil Minister Omar Shakmak said that once pumping resumes, it would take 10 to 14 working days for the first shipment to leave the terminal.

Libya’s Minister of Oil and Gas Dr. Abdulbari Alarusi [Al Arusi] reached agreement last week with the country’s army chief and defense and interior ministries to secure exporting terminals.

(Source: Reuters)

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