Libya’s largest oil refinery, Ras Lanuf [Ra's Lanuf], has finally started operations following its shut-down during last year's revolution.
The refinery, which is reported to be operating at 50 per cent capacity, was offering two cargoes of jet fuel for loading in September, reports Reuters.
According to Libya Herald, with a total processing capacity of 220,000 oil barrels per day, Ras Lanuf is Libya’s biggest oil refinery, accounting for around 58 per cent of its 380,000 bpd total.
It is a significant exporter of jet fuel and naphtha in the Mediterranean.
The refinery is owned by the Libyan Emirati Refining Company (Lerco), a joint venture between the NOC and Trasta Energy, headed by powerful United Arab Emirates businessman, Essa Al Ghurair.
(Sources: Reuters, Libya Herald)