Operation of Oil Industry Is Resuming in Libya

Posted: 08/21/2014 02:08:44   Edited: 08/21/2014 02:08:44  Clicks: 960
On Wednesday (August 20), Libya announced that oil export had already been recovered in its largest oil port which has been closed as long as one year. In spite of intense combats in large cities, operation of oil industry is resuming in Libya.
 
Mohamed El-Harari, the spokesman of National Oil Co, a Libyan state-owned oil corporation claimed that Maria Battiglier, an Italian oil tank already arrived at the oil port on the eve. It will carry about six hundred thousand barrels oil and set off from Es Sider, an oil port in Libya.
 
El-Harari said that the oil tank is rent by OMG and it will sail to Trieste, a port in Italy. The remark also proves the messages provided by the manager of a shipping and oil corporation. The first batch of oil exported from Es Sider will come from oil inventory in the port which is supplied to oil production in Es Sider. It also means that daily 1.5 hundred thousand barrels oil supply from Waha oilfield will be restarted in the next week.
 
El-Harari also stated that Sharara oil field, the largest oilfield in the western of Libya has also recovered production. Accompanying with reopening of oil export in oil port, the oil output in Libya has already been increased to about 5.6 hundred thousand barrels per day which is almost four times of daily output in the late of May.
 
For concerning unsteady situations in Libya, all of oil purchasers are not anxious to purchase Libyan oil which export has just been recovered. However, a shipping agent claims that OMV and China International United Petroleum & Chemicals have already taken place of traditional Libyan oil purchaser from the Mediterranean basically, after National Oil decreasing oil price. In this month, the two corporations buy most of oil exported from Libya. For that, Both China Petroleum & Chemical Co, the parent company of China International United Petroleum & Chemicals and OMV do not comment. 
 
Operation of Oil Industry Is Resuming in Libya
News & Events
Contact Valmax
Tel: +86-578-22192222
Fax: +86-578-22193333
E-mail: [email protected]
View Map
@Follow Valmax