Libya | Egypt Oil & Gas - Part 19

Workers Mollified, Zueitina Port Resumes Operations

The Zueitini port resumed operations last week after the port’s operator promised to meet the demands of Zueitini Worker’s Union, Bloomberg reports. The port had been shut down by employees protesting working conditio...

Shell Lifts Crude from Libya’s Zueitina Port

Royal Dutch Shell lifted 600,000 barrels of crude oil from Libya’s Zueitina port, Reuters reports. This shipment represents Shell’s first shipment from Libya for five years, according to Reuters. Operations at the Zue...

Operations at Libya’s Zueitina Port Halted

Operations at Libya’s Zueitina port ceased on Saturday after workers protested working conditions and demanded the payment their salaries, Reuters reports. Zueitina serves as an export terminal for Zueitina Oil Compan...

Production Resumes at Libya’s Sharara Oil Field Following Protests

Libya’s Sharara oil field is resuming normal output following protests that slowed its production, according to its operator, the National Oil Corporation (NOC), Reuters reports. Earlier reports had indicated that pro...

Libya’s Crude Exports Reach 865,000 b/d in July

Libya’s crude exports rose to a new three-year high in July. Showing an 11% increase from June, Libya exported approximately 865,000 barrels of crude oil a day in July, according to data compiled by Bloomberg.  Libya’...

OPEC’s Meeting: Libya’s Production Cuts Ruled Out for Now

Curbing oil production from Libya was not on the agenda of the Organization of the Petroleum Exporting Countries (OPEC) meeting that occurred on July 24th in St. Petersburg, Bloomberg stated. Accordingly, Libya will n...

Libya Targets 1.25 Mb/d of Oil by the End of 2017

Libya’s oil production is estimated to reach 1.25 million b/d by the end of 2017, Libya’s National Oil Company’s (NOC) Head, Mustafa Sanalla, declared on July 19, as reported by the Daily Mail. The North A...

Libya, Nigeria May Adjust Oil Output

Libya and Nigeria, exempt from global oil cuts in 2017, may attend a joint meeting between members of the Organization of the Petroleum Exporting Countrys (OPEC) and non-OPEC nations late July as oil producers look fo...

Libya’s Oil Production Exceeds 1mb/d

Libya’s oil production increased exceeding 1mb/d for the first time in 4 years as the National Oil Corporation (NOC) met its goal a whole month earlier than planned, reported Libyan Express. Accordingly, the Org...

Libya’s NOC Refutes Gas, Fuel Shortage Claims

Libya’s National Oil Corporation (NOC) dismissed the announcement that there is gas and fuel shortages in supplies to power stations. NOC affirmed that supplies are according to agreed quantities at Major Consumers Co...

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