Tag Archives | oil exports

Zueitina Port Resumes Oil Exports

Bloomberg reports that the Zueitina port has re-opened for crude oil exports, with a ship scheduled to load 700,000 barrels. The shipment of Abu Attifel grade crude oil, delayed by bad weather, would mark the first crude export from the port since it was closed at the end of last year, when protesters prevented employees […]

Silence on Oil Deals "a Setback for Transparency"

The National Oil Corporation (NOC) has told Reuters that it will not reveal the details of its oil sales this year. While oil producers commonly keep details of crude deals secret, the agency reports that Libyan officials promised to publish details of Libya's oil deals following more than 40 years of secrecy under the Gaddafi […]

Zueitina to Resume Oil Exports in Days

Reuters reports that the Zueitina oil terminal should reopen in the coming days. The oil ministry gave the go-ahead to re-start operations after the protesters who forced the shutdown last month had left the site. Negotiations on the protesters demands are ongoing. No oil has been shipped from Zueitina, which normally exports around 60,000-70,000 bpd, […]

Army Secures Libya's Oil Ports

Libya's oil ministry has reached agreement with the country's army chief and defense and interior ministries to secure exporting terminals, Minister of Oil and Gas Dr. Abdulbari Alarusi [Al Arusi] said, after several protests have caused shipping disruptions. "We have agreed with the defense minister, chief of staff and interior minister to secure the oil […]

Turkey Wants to Boost Libyan Oil Imports

On his visit to Tripoli, Turkey’s Minister for Energy and Natural Resources, Taner Yildiz (pictured), said he wants to buy 10 million barrels of oil a year from Libya. Turkey already buy 7 million barrels (one million tonnes) of Libyan oil a year, following an agreement in June, but the minister stated: “We can meet […]

Libya 10-Month Oil Exports Over $44bn

Libya made 55.665 million Libyan dinars ($44.169 billion) from the export of crude oil during the past ten months of this year, in addition to over 2 billion dinars from other sources. But according to a Central Bank of Libya report, the country still had a shortfall of 2.2 billion dinars over the period. The […]

Waha Oil Exports OK Despite Protests

The Waha Oil Company has denied that oil exports from its terminal at Sidra (El Sider) were halted on Monday because of staff protests; according to a report from Libya Herald, the company reports that oil has been flowing at normal levels. Waha staff in Benghazi demonstrated on Monday at what they claimed was the […]