Petroleum Africa
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Monday, July 7, 2014
Exports have yet to resume from the Libyan ports of Ras Lanuf and Es Sider despite rebels saying last week that the blockade would end and the ports would reopen on July 3. The port reopening would restore part of Libya’s oil output which has fallen off significantly over the past year or so.
Libya’s current output is running at 325,000 bpd, NOC spokesman Mohamed El Harari said. “Force majeure remains still in place. We haven’t received anything official from the government yet.” The force majeure has been in place since last year.
While NOC has not received word from the government to restart exports the commander of the state Petroleum Facilities Guard (PFG), Ali Al Ahrash said that ports were ready to resume exports. “The situation at the two ports is safe and the National Oil Corp can resume work at Ras Lanuf and Es Sider,” he told Reuters. “We officially notified them about this.”
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