Wednesday, October 8, 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’s Zueitina Oil Port Prepares Exports to Europe

October 12, 2020
Share on FacebookShare on Twitter

On Sunday, the crude oil tanker ‘Neoces Therasis’ docked at the eastern Libyan port of Zueitina. The tanker is due to load 600,000 barrels of crude oil for export to Italy, according to port officials.

At Zueitina, three tankers are expected to load oil at ‘Bu Attifel’, over the next ten days. The customers are Austria’s OMV, Spain’s Repsol, and Italian refinery Saras, according to a local shipping agent.

Libya’s National Oil Corporation (NOC) announced on Sunday that it would resume production at the country’s largest oil field, El-Sharara. This comes amid peace talks between rival officials from eastern and western Libya. These are part of preliminary negotiations ahead of a UN-brokered dialogue set to take place next month.

The NOC said it lifted the force majeure imposed on El-Sharara, after reaching “an honour agreement” with the Petroleum Facilities Guard aligned with the Libyan National Army (LNA), thus ensuring that no “obstructions” would occur at the field.

El-Sharara will have initial production of 40,000 barrels per day, when it comes back online. Total Libyan output is expected to reach 355,000 bpd, on Monday.

On 18 September, the LNA, 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 fields have begun pumping again. However, the NOC has said it will take a considerable time to restore output to pre-blockade levels, due to damage to the fields. Last year, before the blockade, Libyan oil production had reached 1.2m bpd.

Tags: europeExportlibyaoilPortZueitina
Next Post

Libya's Benina Airport Resumes International Flights Next Week

POPULAR CATEGORIES

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

MUST READ

Russia Accuses Libya’s Dbaiba Government of Aiding Ukrainian-Backed Militants in Africa

Libya Records 1st Confirmed Case of Q Fever in Livestock

Egypt & Germany Reaffirm Support for Libyan-Led Political Solution

Libya & UAE Discuss Resumption of Direct Flights

Libya & France Discuss Maritime Cooperation

Libya Moves to Strengthen Energy Exports to Italy

EDITOR PICKS

Central Bank of Libya Expands Foreign Reserves Amid Rising Gold Prices

Libyan Police Commemorate 61 Years of National Service

Russia Accuses Libya’s Dbaiba Government of Aiding Ukrainian-Backed Militants in Africa

Greece & Egypt Highlight Libya’s Stability & Migration Control

Libya Transfers 150 Migrants from Benghazi to Sabha

Libya Records 1st Confirmed Case of Q Fever in Livestock

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

© 2024 LR

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

© 2024 LR