Libya Crude Output Rises as Oil Fields Restart, Ports Reopen - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-09-20/libya-crude-output-rises-as-oil-fields-restart-ports-reopen
Libya boosted crude production by more than 70 percent since August as some oil fields resumed output and export terminals in the OPEC country reopened for their first overseas loadings in two years.
The North African nation’s crude output rose to 450,000 barrels a day after work resumed at some oil fields, Ibrahim Al-Awami, head of oil measurement department at state-run National Oil Corp., said by phone on Tuesday. Armed conflicts and political disputes have hobbled the country’s production, which slid to 260,000 barrels a day last month, data compiled by Bloomberg show.
The tanker Seadelta returned to take on crude at the port of Ras Lanuf after interrupting loading and sailing away due to fighting at the facility earlier this week, Nasser Delaab, petroleum operations inspector at Harouge Oil Operations, said by phone. The shipment would be the first from Ras Lanuf since 2014. Harouge started to pump oil at the eastern Amal field at a rate of 3,500 barrels a day, and the crude will be shipped to the port of Zueitina, he said.