Wednesday, May 14, 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

Libyan Oil Producer Ensures Diesel Crisis Will End When All Oilfields Reopen

September 30, 2020
Share on FacebookShare on Twitter

On Wednesday, a member of the Board of Directors of the Brega Petroleum Marketing Company (BPMC), Abdel-Rahman Al-Obaidi, said that natural gas will be available to power plants. This coincides with the re-opening of the oil fields.

In a press statement, Al-Obaidi said this would provide additional diesel fuel for companies, citizens, and other sectors that require fuel.

He explained that the lack of gas has prompted power plants to mainly depend on diesel fuel to function. This creates a shortage for the country’s other institutions, and for drivers.

Al-Obaidi pointed out that the Tobruk Oil Refinery is scheduled to operate at full capacity, as soon as possible. He added that a tanker is expected at Zueitina next week to load 630,000 barrels. The port is storing more than 4.5 million barrels in storage.

“Libyan ports have around 24 million barrels in storage, with almost 20 million of those in eastern terminals,” he noted. Adding that, “Tobruk refinery will provide a good amount of diesel, and end the fuel shortage.”

The Tobruk Oil Refinery, affiliated to the Arab Gulf Oil Company, processes 20,000 barrels of petroleum products daily. It supplies the Brega Company with diesel and gas, and exports light diesel, and heavy petrol via the Buraiqa dock.

On Tuesday, the Chairman of the Libyan Arabian Gulf Oil Company (AGOCO), Mohamed Shatwan, announced that the Sarir oilfield has restarted production. This is after eastern forces lifted an eight-month blockade on energy facilities.

On 18 September, the Libyan National Army (LNA), led by Field Marshal Khalifa Haftar, announced it had reached an agreement to resume oil production with the Tripoli-based Government of National Accord (GNA) . This deal was brokered by GNA Deputy Prime Minister Ahmed Maiteeq.

Exports have resumed, and some fields have begun pumping again. The NOC has said it will take a considerable time to restore output to pre-blockade levels, due to damage to the fields.

The Sirte Oil Company announced it has reached 60,000 bpd of output, in a statement given on Tuesday.

Tags: CrisisDiesellibyaoilOil FieldsReopen
Next Post

Italy-US FMs Hold Press Conference on Libya

POPULAR CATEGORIES

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

MUST READ

HRW Urges US to Halt Libya Deportations

6 Killed in Libyan Capital, Tripoli Amid Armed Militia Clashes

Ozon Company to Operate National Telecom Network in Libya

Armed Convoy from Al-Zawiya Enters Tripoli

Emergency Appeals for Humanitarian Access in Libya

Libya Welcomes End of Sanctions on Syria

EDITOR PICKS

Emergency Appeals for Humanitarian Access in Libya

Libyan Dangerous Inmates Escape Tripoli Prison Amid Armed Clashes

Libya Welcomes End of Sanctions on Syria

HRW Urges US to Halt Libya Deportations

Ozon Company to Operate National Telecom Network in Libya

Egypt & Turkey Hold Talks to Support Stability in Libya

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

© 2024 LR

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

© 2024 LR