Oil Exports Resume from Brega

Oil exports from the Libyan port of Marsa al Brega have reportedly resumed following the lifting of the force majeure.

Deputy oil minister Omar Shakmak told Dow Jones on Monday:

A few tankers have left the port after we lifted the force majeure on 22nd August … The port is now operating as normal and at full capacity.”

Es Sider, the largest of Libya’s oil terminals with a 350,000 barrel-a-day capacity, as well as Ras Lanuf and Zueitina, remain closed.

The shutdowns affected companies operating in the eastern and central regions such as Shell, Marathon Oil, Hess and ConocoPhillips.

(Sources: Dow Jones, Bloomberg)

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