ENERGY

Libya’s NOC says expects to regain Es Sider, Ras Lanuf oil ports

A view shows Ras Lanuf Oil and Gas Company in Libya, on March 16, 2017. (Reuters)

Libya’s National Oil Corporation (NOC) has been coordinating with military forces from eastern Libya and has “no reason to believe” it will not regain control of the Es Sider and Ras Lanuf oil ports, NOC’s chairman said.

The loss and recapture of the ports this month by the eastern-based Libyan National Army (LNA) had raised doubts over its willingness to let the Tripoli-based NOC manage the ports.

Revenue from the sites is controlled by a central bank and UN-backed government in the capital which pro-LNA factions oppose.

Eastern officials accuse rivals in Tripoli and the western city of Misrata of supporting a March 3 attack on the ports by a faction known as the Benghazi Defence Brigades (BDB).

An oil guard commander appointed by the UN-backed government was deployed to secure them.

After they were retaken, the head of a Benghazi NOC office appointed by Libya’s eastern government said he was pulling out of an NOC unification deal signed in July and an LNA spokesman said there would be no immediate decision on a handover.

But in written responses provided to Reuters, Mustafa Sanalla, the Tripoli-based NOC chairman, said his staff had already been working with the LNA.

“We have been coordinating our assessment of the facilities with them,” Sanalla said, in his first public comments since the ports were retaken.

“We have no reason to believe control of the ports will not be handed back to NOC.”

Es Sider and Ras Lanuf have a combined potential capacity of 600,000 barrels per day (bpd).

Operations there and at two other ports southwest of Benghazi are crucial to the NOC’s efforts to revive Libya’s output, which has been crippled by years of conflict and political chaos.

The LNA took over the ports in September, ending a two-year blockade at three of them and quickly inviting the NOC to resume exports.

 

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Last Update: Sunday, 19 March 2017 KSA 19:21 - GMT 16:21
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