Tag Archive | "Lerco"

Ras Lanuf Refinery “Declares Force Majeure”

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 […]

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Libya’s biggest oil refinery faces restart delay

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 […]

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