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Home Oil & Gas

Libya's Largest Refinery Re-Starts Operations

3rd September 2012
in Oil & Gas
Libya's Largest Refinery Re-Starts Operations
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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)

Tags: Libyan Emirati Refining Company (Lerco)Ras Lanuf Oil & Gas Processing Co. (RASCO)Ras Lanuf refineryrefineries

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