Just as Libya partially recovered its oil production, bad weather forced the closure of four oil export terminals in the east—a sign that Libya’s crude exports in January will be much lower than in November, the last month of relatively stable and normal operations at its oilfields and oil ports. The ports in eastern Libya—Es Sider, Ras Lanuf, Zueitina, and Hariga—were all closed on Saturday, and could remain closed until the start of next week, two sources told Bloomberg on Monday. The port closures due to bad weather add to Libya’s recent setbacks in production and exports, after the blockade on several oilfields in the west and the two ports, Zawiya and Mellitah, exporting crude from them. On December 20, Libya declared force majeure on its oil exports after crude oil production had been shut in from four of Libya’s oilfields, including the largest 300,000-bpd El Sharara field. Other […]