Libya plans to restart exports from its largest oil port Es Sider next week after a one-year interruption, people familiar with the matter said Wednesday. The news, which comes after shipments restarted this week from another key terminal, Ras Lanuf, shows Libyan oil exports are set to gain momentum after a slower-than-expected restart. On July 1, rebels who had occupied Ras Lanuf and Es Sider in Eastern Libya for nearly a year agreed to let oil exports resume after a deal with the central government. Despite oil prices falling by $5 a barrel amid expectations of increased exports, they had not restarted from the two ports until now as Libya struggled to find buyers. But Libya’s state-owned National Oil Co. is planning to restart exports at the Es Sider port, which can load 340,000 barrels a day, next week, according to people familiar with the matter. The first 600,000 […]