Libya Business News
Monday, March 8, 2021
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
No Result
View All Result
Libya Business News
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
Libya Business News
No Result
View All Result
Home Oil & Gas

NOC Refuses to Confirm or Deny Refinery Restart

17th August 2012
in Oil & Gas
NOC Refuses to Confirm or Deny Refinery Restart
Share on FacebookShare on Twitter

According to the Libya Herald, the National Oil Corporation (NOC) is refusing to confirm or deny reports that the Ras Lanuf oil refinery will resume operations by 28th August.

“I cannot confirm or deny anything because I have no information about this”, a NOC spokesman told the Libya Herald.

Repeated announcements have been made regarding the reopening of the refinery, but this latest announcement appears to have been given added credibility by concrete preparations now said to be taking place at the plant.

It had been reported that oil products already held in tanks at the refinery have been sold to make room for fresh output.

Ras Lanuf is the largest of Libya’s five oil refineries and the only one that has yet to resume operations since the end of last year’s revolution.

It has a processing capacity of 220,000 oil barrels per day (bpd), representing around 58 per cent of the country’s 380,000-bpd total, making it a significant contributor both to the Libyan economy and regional markets.

It 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.

(Source: Libya Herald)

Tags: Libyan Emirati Refining Company (Lerco)National Oil Corporation (NOC)Ras LanufRas Lanuf Oil & Gas Processing Co. (RASCO)Ras Lanuf refinery

Recent News

Possible Reopening of Iraqi Embassy in Libya

Possible Reopening of Iraqi Embassy in Libya

10th February 2021
Central Bank Tender for Repair of Concrete Domes

Libyan Parties Agree on Unified National Budget

9th February 2021
Video: Will Libyan Peace Attempt Succeed?

Video: Will Libyan Peace Attempt Succeed?

9th February 2021

Recent News

Possible Reopening of Iraqi Embassy in Libya

Possible Reopening of Iraqi Embassy in Libya

10th February 2021
Central Bank Tender for Repair of Concrete Domes

Libyan Parties Agree on Unified National Budget

9th February 2021

Categories

  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos

Menu

  • Home
  • About Us
  • Contact

Join our mailing list!

Sign-up to receive email updates on the latest news and developments.





© 2021 Libya Business News - Your Libyan business news partner

No Result
View All Result
  • Security
  • Oil & Gas
  • Banking & Finance
  • Politics
  • Industry & Trade
  • Construction & Engineering
  • Investment
  • Tenders
  • Transportation
  • Videos
  • Contact Us

© 2021 Libya Business News - Your Libyan business news partner

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I Agree”, you consent to the use of ALL the cookies.