Libya’s NOC Oil Tanker Arrives at Port of Brega

Libya’s NOC Oil Tanker Arrives at Port of Brega

Libya’s National Oil Corporation (NOC) has confirmed that the oil tanker, Valle Di Siviglia, has arrived at the eastern Libyan port of Brega, according to a press release.

The tanker was requested by the NOC and it is reported that it will ship 30,000 tons of condensate stored in the port to free up adequate storage capacity to enable the continuation of natural gas production at its current levels of around 160 million cubic feet per day (mmcf/d).

The company said in a statement: “This will lessen the current number and severity of power cuts. However, it will not entirely solve the problem, given that the natural gas needs of the Zueitina and North Benghazi power plants are estimated at around 250 mmcf/d.”

It is expected that NOC will not be able to provide this quantity of natural gas due to the negative effects of blockades. The sector that is expected to suffer the most is the fuel market.

The arrival of Valle Di Siviglia comes after the Tripoli-based and internationally recognized Government of National Accord (GNA) had announced an immediate ceasefire which was also agreed by Aguila Saleh, speaker of the eastern-based parliament, an ally of Gen Khalifa Haftar, who controls large parts of the east and south of Libya.


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