Libya won’t restart largest field until militia leaves

2019/02/25 – Libya’s state-run National Oil Corp refused to restart the country’s biggest field after militants seized and declared it secure earlier this month. The standoff over Sharara, which can pump about 300,000 bopd, is entering its third month. NOC won’t resume production while armed groups are there, the company’s chairman Mustafa Sanalla said on Sunday. The Libyan National Army, loyal to eastern leader Khalifa Haftar, controls the field and said it’s ready to restart. Continuer à lire … « Libya won’t restart largest field until militia leaves »

Libya’s Presidential Council wants oilfields to be outside political conflicts

2019/14/02 – The Presidential Council (PC) in Libya has renewed its call for leaving oil facilities outside political conflicts in the country.

Mohammed El Sallak, the spokesman for the Head of the PC Fayez Al-Sirraj, said the oil facilities should remain under the oversight of the International-recognized National Oil Corporation (NOC) and the Petroleum Facilities Guard (PFG.) Continuer à lire … « Libya’s Presidential Council wants oilfields to be outside political conflicts »

Libya hopes to reach 2 million oil bpd by 2022, NOC chairman says

2018/15/11 – Libya hopes to receive an exemption from possible production curbs by Opec and allies, as it works to raise its own output capacity levels to two million barrels per day by 2022, the head of the country’s state producer said. Continuer à lire … « Libya hopes to reach 2 million oil bpd by 2022, NOC chairman says »

Russia’s game in Libya (Opinion)

2018/14/11 – The strategy of Vladimir Putin, in the difficult Libyan chessboard, has always been particularly silent. The Kremlin, after the fall of Muhammar Gaddafi, moved with caution, aware that the end of the colonel had a disastrous effect on the construction of the Russian strategy in the Mediterranean after the fall of the Soviet Union. But the West, which has made a hell out of that Libya, has not supplanted the other superpowers. After Gaddafi, another leader did not arrive, but the war exploded: civil and not. And in this quagmire, Russia has managed to transform itself into an increasingly dynamic and increasingly necessary actor. Italy knows it very well, since Giuseppe Conte [the now in Office Italian Prime Minister] went to Moscow to drag Russia to his side.

Continuer à lire … « Russia’s game in Libya (Opinion) »

Libya may suspend Zawiya refinery unless security improves

2018/16/11 – Libya’s state oil firm NOC warned on Sunday it would have to suspend operations at its 120,000 barrels per day (bpd) Zawiya refinery unless security improved after two recent attacks.The refinery west of the capital Tripoli supplies western and southern Libya with fuel. Its port also exports crude from the southern El Sharara oilfield.

Gunmen attacked the site on Wednesday, trying to break into the oil mixing operation and stealing a company car, NOC said in a statement. Continuer à lire … « Libya may suspend Zawiya refinery unless security improves »

BP, Eni to start exploratory drilling in Libya in first quarter of 2019

2018/16/11 – British Petroleum and its Italian partner Eni are expected to start exploratory drilling in Libya early in the first quarter of 2019, according to the chairman of the country’s National Oil Company Mustafa Sanallah. Continuer à lire … « BP, Eni to start exploratory drilling in Libya in first quarter of 2019 »

Libya, UAE to cooperate in oil sector

2018/11/10 – The Libyan National Oil Corporation (NOC) chairman Mustafa Sanallah met with His Excellency Dr Sultan Ahmed Al Jaber, United Arab Emirates Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC) in London yesterday. The two parties discussed mutual cooperation and the international community’s approach to Libya, including the protection of legitimate institutions, such as NOC, in accordance with the rule of law. Continuer à lire … « Libya, UAE to cooperate in oil sector »