Friday, August 29, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya to Resume Exporting Oil on Thursday

September 22, 2020
Share on FacebookShare on Twitter

Libya’s Arabian Gulf Oil Company (AGOCO) will resume exporting oil from the port of Hariga on Thursday, Bloomberg reported.

The Marlin Shikoku, a Suezmax tanker, is scheduled to arrive at the port of Hariga, to load crude oil. It will be the first export shipment since the announcement by the National Oil Corporation (NOC) of the lifting of the force majeure in safe sites.

Suezmax tankers can hold around one million barrels of oil. The Hariga port has 3 million barrels in storage.

In January the Libyan National Army (LNA), led by Field Marshal Khalifa Haftar, closed all oil ports in the east of the country. However, an agreement was reached, and the decision was reversed last week, allowing oil production to resume.

On Sunday, Major General Ahmed Al-Mismari, the spokesman for the LNA, said they had agreed to a fair division of the oil revenues. This will be shared equally between all Libyans residing in the east, west, and south alike. The committee to oversee this will consist of Deputy Prime Minister of the Government of National Accord (GNA) Ahmed Maiteeq, tribal sheikhs, and members of the Libyan Parliament.

Libya’s oil revenues amounted to about $20.3 billion in 2019.

Tags: ExportinglibyaoilResume
Next Post

Libya's Foreign Ministry Calls for Peace

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya’s Coast Guard Accused of Firing on Humanitarian Rescue Ship

Military Convoys From Misrata Head to Tripoli Amid Rising Tensions

African Intelligence Chiefs Back Libya’s Security Proposal

Libya Under EU Pressure After Ocean Viking Shooting Incident

Hannibal Gaddafi Demands Justice After a Decade of “Unlawful” Detention in Lebanon

Libya Seeks Deeper Energy Ties With United States

EDITOR PICKS

Libya & US Hold Talks on Election Support

Libya Under EU Pressure After Ocean Viking Shooting Incident

Brazilian Exports to Libya Reach 422 Million Dollars

Fuel Shortages Force Bakery Closures in Libya’s Zliten

Military Convoys From Misrata Head to Tripoli Amid Rising Tensions

Hannibal Gaddafi Demands Justice After a Decade of “Unlawful” Detention in Lebanon

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR