Libya | Egypt Oil & Gas - Part 20
Libya’s Biggest Oil Field Continues Production
Libya’s biggest oil Field continued production after a week of suspension at Sharara. Crude production bounced back to about 660,000b/d.
Libyan NOC Opposes Energy Sector Resolution
NOC had asked the U.N.-backed government in Tripoli to withdraw a resolution that seeks to allocate powers over the oil sector.
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.
