libya exports first oil cargo from ras lanuf since 2014
Last Updated : GMT 09:07:40
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Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Libya exports first oil cargo from Ras Lanuf since 2014

Egypt Today, egypt today

Egypt Today, egypt today Libya exports first oil cargo from Ras Lanuf since 2014

A general view shows a tug boat sailing near the Malta-flageed Seadelta oil tanker off the coast of Libya’s eastern Ras Lanuf port.
Benghazi , Libya - Arab Today

An oil tanker has left the Libyan port of Ras Lanuf for Italy with the first crude export cargo from the terminal since at least late 2014, the port manager said.
He said a second tanker was preparing to load at Ras Lanuf, one of four ports seized on Sept. 11-12 by eastern Libyan forces loyal to military leader Khalifa Haftar.
Reopening Ras Lanuf for exports could be a major advance for the UN-backed government in Tripoli as it works to extend its influence to unite rival armed factions and stabilize the economy.
Haftar has so far opposed the UN-backed Government of National Accord (GNA), though the National Oil Corporation (NOC) welcomed a promise by his forces to allow the NOC to control the ports.
The NOC said last week it would begin exports immediately from Ras Lanuf and Zueitina, and that it would start them as soon as possible from Es Sider. Exports have continued from Brega, the fourth port that was seized and that had remained open.
Together, the ports have a capacity of nearly 800,000 barrels per day (bpd), though Ras Lanuf and Es Sider have been damaged in clashes and Brega has been operating at below its maximum capacity.
Armed conflict and disputes have left Libya’s oil installations under the control of different factions and cut output to about 200,000 barrels per day (bpd) from the 1.6 million bpd it produced before the uprising in 2011.
Haftar’s forces seized the ports from a rival armed group that had controlled them for more than two years, and fended off a counter attack on Sunday.
Haftar, a former Qaddafi ally, is a deeply divisive figure whom many in western Libya suspect of plotting to take power nationally.
Factions that support him have tried to export oil from eastern Libya independently, bypassing the NOC in Tripoli, though they have also allowed oil shipments for NOC Tripoli to continue from the eastern port of Hariga.
After Haftar’s forces seized the ports the US and major European powers called for them to withdraw, cautioning that they would move to block any shipments that took place outside the authority of the GNA.
The Seadelta tanker that left Ras Lanuf on Wednesday loaded with 700,000 barrels of crude and the second tanker that was preparing to load were both arranged before Haftar’s forces seized the ports.

Source: Arab News

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libya exports first oil cargo from ras lanuf since 2014 libya exports first oil cargo from ras lanuf since 2014



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