Libya | Egypt Oil & Gas - Part 26
Libya Records Oil Production Decline due to IS Attacks
Libya’s National Oil Company (NOC) announced a decline in oil production to the level of up to 370,000b/d, down from 400,000b/d recorded at the beginning of 2016, Zawya reported. The country refines about 100,00...
Libya Intercepts Suspected Smuggling Tanker Heading To Malta
Libya’s Coast Guard has intercepted a tanker suspected of involvement in fuel smuggling operations while in waters off the country’s western region heading for Malta, Platts reported. The 900-ton, 61-meter...
Libya’s NOC Warns of Unauthorized Oil Sales
National Oil Corporation (NOC) in western Libya warned traders against loading ‘illicit’ cargoes of oil at Hariga port in the eastern part of the country, informed Bloomberg. In response, the company’s co...
Libya Sees New Pipeline Sabotage at Zueitina Port
Another Libyan pipeline south of the Zueitina port leading from oilfields to an export terminal was recently damaged in an attack and is being repaired. It was not clear who carried out the attack, but Islamic State o...
Libyan Petroleum Guards Accused of Siphoning Oil
Libya’s Petroleum Facilities Guard (PFG), a 27,000 strong body tasked with protecting Libya’s oil facilities, has become the “biggest obstacle to raising money from the industry and a hindrance to forming a unified go... Libya Has Lost $68b in Oil Revenues Due to Instability
Amid discussions to form a unity government in Libya, the head of the country’s national oil company, Mustafa Sanalla, urged reconciliation and stated that the country had lost $68b in oil production and exports since...
Libyan National Oil Corp. Meets with Majors
The chairman of Libya’s state-run National Oil Corporation met with major oil companies to discuss plans to expand the country’s declining petroleum production, Business Day Live reports. Company chairman, Mustafa San... Libyan Oil Pipeline Hit by Blast
A major Libyan oil pipeline south of Ras Lanuf, which runs from the Tibisti and Bayda fields and has been closed for more than two years, was hit with an explosion on December 14th, Reuters reports. The Libyan Nation...
