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Libyan state oil security: Two oil ports safe to be opened

by ChemOrbis Editorial Team -
  • 31/03/2015 (15:47)
According to media reports, following the pull out of rival forces from the area after several months of fighting, a Libyan state oil security force has called on the state oil firm NOC (National Oil Corp.) to reopen the country’s two biggest ports, the Ras Lanuf and Es Sider oil ports, which have a combined capacity of 600,000 barrels a day.

Security force spokesman Ali al-Hassi commented, “Oil ports are safe and we call on NOC to lift the force majeure from the ports so that oil companies can resume work.”

However, according to oil officials, security and technical checks need to be done first. Pipelines and storage facilities need to be checked to be see if they are undamaged. In late December, storage tanks at Es Sider were hit by a rocket and burned for a week.

Libya has boosted oil output in recent weeks despite the ongoing political turmoil in the country. Oil production hit 564,000 barrels per day and is expected to rise further, according to a source from the National Oil Corp (NOC). However, NOC had to declare force majeure in early March at 11 oilfields located in the Sirte basin, south of Es Sider, after rebel forces attacked at least three facilities and kidnapped up to 10 foreign oil workers.
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