Highlights Oil terminals opened to allow tanker to carry condensate Libya’s oil supply crisis has slashed output by more than half It pumped 650,000 b/d in June, lowest since Oct 2020: Platts survey Libya’s state-owned National Oil Corp. has a lifted force majeure on the eastern oil terminals of Zueitina and Brega, allowing a tanker to carry condensate for use in power generation in the OPEC member, whose oil supply crisis has exacerbated a tight crude market. NThe lifting of force majeure follows intense negotiations to allow the tanker to enter the terminals and ship condensate, a step that will be followed by other steps, NOC chairman Mustafa Sanalla said in a July 13 statement. Libya, whose supply disruptions have escalated in past weeks due to blockades and shutdowns at its key oil infrastructure, pumped […]