Libya | Egypt Oil & Gas - Part 20
Libya Warns against Unapproved Independent Sales
Libyan National Oil Corporation (NOC) informed that it had found illegal trials to sell crude oil independently without its prior approval.
Libya’s Oil Production Reaches 700,000b/d
Libya’s National Oil Corporation (NOC) announced that oil production has reached 700,000b/d, recovering from a drop earlier in March caused by fighting at two key oil ports.
Libya Resumes Operations at Major Ports
Libya’s major oil ports of al-Sidra and Ras Lanuf are resuming operations and preparing to export crude after two weeks without activities.
Libya’s Biggest Ports Shut Following Militant Attack
Libya halted exports from its two of biggest oil ports and reduced production from some fields after clashes threatened to reverse the North African country’s progress in reviving crude output and sales. Egypt to Import Crude Oil from Libya
The Egyptian General Petroleum Corporation (EGPC) stated that negotiations with Libya to import 1mb/m of crude oil for a year are taking place.
Egypt to Negotiating Benzene Imports
Egypt is in talks to import 2.3m tons of benzene annually during 2017.
Glencore Extends Major Libyan Oil Deal
Swiss-based commodities giant Glencore has extended a deal with Libya's National Oil Corporation (NOC) to be the exclusive trader of around 230,000b/d from the oil fields Sarir and Mesla.
Egypt Ponders Iraqi Crude Imports
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla disclosed that an oil delegation will visit Baghdad during February to reach an agreement on the final draft to import Iraqi crude oil.
