Libya’s Damaged Pipeline Will Come Back Online In January
The Libyan crude oil pipeline blown up on Tuesday will take about a week to repair , the chairman of Libya’s National Oil Corporation (NOC) said on Wednesday. On Tuesday, Continue Reading
Libya needs a week to repair blown-up oil pipeline: NOC
A Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the head of state oil firm NOC told Reuters on Wednesday. A “terrorist group” Continue Reading
Libya out at least 70,000 barrels of oil per day
A Libyan company said it expects to be out at least 70,000 barrels of oil per day because of an explosion at a pipeline feeding the nation’s largest oil depot. Continue Reading
Es Sider crude oil loadings not interrupted by pipeline explosion: traders
Trading sources said Wednesday that crude cargoes at Libya’s Es Sider port were still loading without any interruption, following the news that there had been an explosion on one of Continue Reading
The Battle For Libyan Oil Is Heating Up
Just as oil watchers wonder whether Libya’s ambitious oil production targets could undermine the OPEC deal, Libya’s General Haftar—the man largely responsible for freeing up Libyan oil production after two Continue Reading
Russia ready to consider easing arms embargo for Libya: Ifx cites diplomat
Russia is ready to consider easing an arms embargo for Libya, the Interfax news agency cited Russian Deputy Foreign Minister Gennady Gatilov as saying on Wednesday. Libyan Prime Minister Fayez Continue Reading
Will Libya Be First To Ditch The OPEC Production Deal?
Just two weeks after it pledged to cap its crude oil production at the level of 1 million barrels daily, Libya has sent a signal that it actually has immediate Continue Reading
Can Nigeria And Libya Avoid A Production Cut?
Beyond discussing the broader terms of the production cut deal, OPEC will crunch the numbers of exempt producers Libya and Nigeria this week to see if their oil production has Continue Reading
Libyan wealth is wasted, U.N. envoy says
The humanitarian situation in Libya is in a severe state even though the OPEC-member sits on “vast wealth,” a United Nations envoy said. Ghassan Salamé, the U.N. special envoy for Continue Reading
Libyan state oil firm confirms “security breach” at El Sharara oilfield
Libya’s state oil company said on Monday there had been a “security breach” at its southern El Sharara oilfield on Sunday night. NOC blamed weak security for the incident at Continue Reading