Protesters agree to end blockade of western Libya oilfield pipelines
Protesters blockading pipelines to Libya’s Sharara and El Feel oil fields have promised to reopen them and production could restart
Protesters blockading pipelines to Libya’s Sharara and El Feel oil fields have promised to reopen them and production could restart in the coming days, security officials and an oil source said on Wednesday.
A faction of Libya’s Petroleum Facilities Guard that has blockaded one pipeline since November 2014 and another since April 2015 said in a statement they had agreed to reopen them. The statement was confirmed by a senior military official who said the blockade would end by Thursday.
A National Oil Corporation (NOC) source confirmed the deal, but said the resumption of production was not guaranteed, as similar pledges in the past had fallen through. The NOC has said that the two fields could add 365,000 barrels per day (bpd) to national production.
New fighting erupts over Libya oil portsThe fighting between the forces of the rival governments is the latest escalation of turmoil Middle East
First oil leaves Libya’s Ras Lanouf since 2014Shipment was a positive development for Libya’s fragile central government, which struggles to contain rival factions fighting Energy
Libya resuming oil exports from some major portsLibya could raise output to 600,000 barrels per day (bpd) within a month and to 950,000 by the end of the year from about 290,000 currently Middle East
Libya lifts force majeure at ports, to resume exportsLibya has lifted force majeure at some of its main ports and is resuming exports, the National Oil Corporation said Energy