Libya halted loadings from its biggest oil field in the latest disruption to the nation’s crude production and shipments.
Force majeure was declared since 19 August on shipments from Sharara, made through the Zawiya export terminal, state-run National Oil Corp. Chairman Mustafa Sanalla said on 21 August by phone. Force majeure is a legal status protecting a party from liability if it can’t fulfill a contract for reasons beyond its control.
A local armed group, which had closed the pipeline linking to the port of Sharara to demand the release from prison of one of its members, evacuated the area late 21 August, Wessam Al-Messmari, an office manager at Petroleum Facilities Guard (PFG), said by phone. PFG took control of the area and asked the state oil company to reopen the pipeline, he said. Al-Messmari had said earlier on 21 August that the pipeline should reopen within hours.
Libya is reviving its oil production and exports in spite of continuing political uncertainty. In July, crude production was at a 4-year high and exports were the most in 3 years, according to data compiled by Bloomberg. While the expansion has helped Libya’s oil-dependent economy, the Organization of Petroleum Exporting Countries (OPEC) is trying to cut global supplies. That effort has been undermined by recovering output at OPEC members Libya and Nigeria.
Read the full story here
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
19 May 2020
- Kananaskis, Alberta, Canada
This course focuses on the data preparation and machine learning application on a variety of case of study examples.
This one-day course will teach the fundamentals of data science project design and execution, including data collection principles and statistics through Design of Experiments (DOE).
17 Mar 2020
- Calgary, Alberta, Canada
In this course, discover the field applications of machine learning with a focus on reservoir characterization, production analysis and prediction, and recovery enhancement.
20 Mar 2020
- Bogotá, Colombia
This course provides a fundamental understanding of process safety techniques and how applying these techniques can improve safety, equipment reliability, environmental performance and reduce overall costs.
31 Mar - 2 Apr 2020
- Abu Dhabi, UAE
Reserve your place today
27 - 28 Apr 2020
- Houston, Texas, USA
Book your seat
28 Apr 2020
- Brisbane, Australia
This one-day session features view on best practices for Carbon Management with a focus on fugitive methane reduction.
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2020 Society of Petroleum Engineers, All Rights Reserved.