Libya | Egypt Oil & Gas - Part 24

Forces Counterattacked Libya’s Oil Terminals

New fighting erupted as Libyan forces, ousted recently from key oil ports, executed a counter attack to take back control of Al Sider terminal and triggering clashes near Ras Lanuf port, Gulf News Reported. Al Sider a...

Libya to Export Oil to Egypt in EGP

A legal advisor for the army affiliated with Libyan general Khalifa Haftar and his interim government, Salah Abdul Kareem, said that Libya is ready to export Libyan petroleum oil to Egypt for Egyptian Pounds to allevi...

Libya Sends Tanker to Move Oil from Threaten Ports

Libya’s National Oil Corporation (NOC) sent the Greek flag vessel New Hellas tanker to begin loading oil at the country’s eastern Zueitina port, after rival forces, the Petroleum Facilities Guard (PFG) and...

Libya Starts Repair at Es Sider Oil Port

Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves, reported Bloomberg. The repair work is...

Libyan Authorities Debate Oil, Power Bottlenecks

The Libyan National Oil Corporation (NOC), the Tripoli-based Audit Bureau, and Mayors of the southern Libyan region discussed  efforts to loosen bottlenecks on oil and power production, Libya Herald reported. Increase...

OPEC’s Crude Output Disrupted in July

Production of the Organization of Petroleum Exporting Countries’ (OPEC) was disrupted in July by militant attacks in Nigeria and political unrest in Libya, according to Bloomberg. The output of the 13 establishe...

Oil Traders, Libya’s NOC Uncertain over Crude Export

Oil traders who specialize in purchasing cargoes from Mediterranean ports have low confidence in the imminent resumption of shipments from two key Libyan terminals, even after a deal was struck in July to reopen the f...

Libya’s NOC Signs Agreement to Reopen Oil Ports

The Libyan UN-backed authorities have reached an agreement with the Petroleum Facilities Guards (PFG), an armed brigade monitoring the two main oil ports Ras Lanuf and Es Sider, to bring an end to a blockade and resta...

Libya’s Oil Output at Risk as NOC Chief Blasts Port Deal

Head of Libya’s Tripoli-based National Oil Corporation (NOC), Mustafa Sanalla, has explicitly objected to a deal between the UN-backed government and the Petroleum Facilities Guards (PFG) to reopen key ports, th...

Libyan NOC and Oil Guards to Reopen Major Oil Export Terminals

Libyan major export terminals, Ras Lanuf and Es Sider, are to be reopened by oil guard brigades and unity government state oil company, NOC, in efforts to pump crude oil again. The export terminals have been closed si...

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