Libya's Tripoli-based National Oil Corporation (NOC) has reportedly agreed an 18-month deal under which Swiss-based Glencore will supply around 300,000 t/month of high-sulphur gasoil in exchange for lifting all crude exported from Libya's eastern Marsa el-Hariga terminal.
According to the report from Argus, Marsa el-Hariga normally ships around 130,000-160,000 bpd of Sarir and Messla crude, and NOC itself normally lifts a significant share of Sarir and Messla crude from Marsa el-Hariga terminal for its western 120,000 bpd Zawia refinery, following the shutdown of the Sharara field due to unrest.
Argus reports that Marsa el-Hariga is one of only two onshore terminals currently export light sweet crude, the other being Marsa el-Brega. No crude is being exported from Zawia, Mellitah, Ras Lanuf, Es Sider or Zueitina.
(Oil image via Shutterstock)