Tag Archives | Lerco

Ras Lanuf Refinery “Declares Force Majeure”

CNBC Arabia reports that the Ras Lanuf refinery — Libya’s largest — has declared force majeure until 7th March as it continues to suffer from the effects of a strike and power cuts. The plant had resumed export of some petroleum products, but several traders said they had been notified to the decision. It has […]

Libya’s biggest oil refinery faces restart delay

Libya’s largest refinery, 220,000 barrels per day (bpd) Ras Lanuf, is unlikely to restart for another month or more until after a meeting between board members and shareholders, an official at the refinery operator Libyan Emirati Refining Co (Lerco) told Reuters. Lerco is a joint-venture between Libya’s state oil company National Oil Corporation (NOC) and […]