Tag Archive | "National Oil Corporation (NOC)"

Libya Revives Exports From Sharara

Libya Revives Exports From Sharara

Oil exports from Sharara, which started again on Monday 21st July, is a sign of the country’s oil industry revival, Wall Street Journal reported on Monday. According to sources familiar with the situation, the first oil tanker will be delivered to the Spanish company Repsol, which is the National Oil Corporation‘s partner in the development […]

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Brega Oil Port to Reopen

Brega Oil Port to Reopen

Reuters reports that Libya state oil company, the National Oil Corporation (NOC), has reached a deal with security guards to end the protest at the oil port of Brega. As a result, the terminal is expected to reopen on Tuesday. Reopening Brega would allow the state-run Sirte Oil Company (SOC) to start producing again and […]

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Brega Oil Port Closed by Protesters

Brega Oil Port Closed by Protesters

The Brega oil port in eastern Libya has been shut by protesters, an oil official said on Saturday. Though small, with around 90,000 bpd of exports, the move is significant because the Brega port remained in operation when other terminals were closed last year. A spokesman for the state-run National Oil Corporation (NOC) said the […]

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Libya Reopens Terminals, Increases Oil Exports

Libya Reopens Terminals, Increases Oil Exports

Libya’s state-run National Oil Corporation (NOC) lifted the force majeure on the oil ports of Es Sider and Ras Lanuf on Sunday, after rebels handed the ports over last week. A spokesperson for the NOC said: “We, only today, have started talking to our previous customers and partners so we can fix our shipment programme […]

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Vessels Load Crude over Weekend

Vessels Load Crude over Weekend

Two vessels reportedly loaded crude oil from the Mellitah terminal and one from Marsa al-Hariga over the weekend. According to a report from Platts, Total confirmed that its chartered vessel the EBN Battuta had loaded crude on Saturday, while a second chartered vessel, the Lorelei, sailed from Mellitah on Sunday destined for Rotterdam. Litasco was said […]

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Libyan Oil Returns to Global Markets

Libyan Oil Returns to Global Markets

Libyan oil is returning to global markets following the reopening over the weekend of the Eastern oil port of Hariga, after protests by guards over wages arrears came to an end. Speaking to The Wall Street Journal, a spokesman for state-owned National Oil Corporation (NOC) said a tanker with a capacity of 350,000 barrels destined […]

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Hariga Oil Port Reopens

Hariga Oil Port Reopens

Libya’s eastern oil port of Hariga, in Tobruk, has reopened after security guards ended their protest. A spokesman for state-owned National Oil Corporation (NOC) said a tanker took on a cargo of 750,000 barrels of oil, with a second tanker expected to load 600,000 barrels. He added that the western El Feel [El Fil, Elephant] oil […]

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El Feel Oilfield Reopens

El Feel Oilfield Reopens

Libya’s western El Feel [El Fil, Elephant] oilfield has resumed production on Sunday after security guards ended a protest that lasted more than two months, reports Reuters. Acting Oil Minister Omar Shakmak told the news agencies that authorities had reached an agreement with protesters. “The protesters agreed to reopen the field which restarted work yesterday […]

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