A Review of the Nigerian Energy Industry

Libya’s Zawiya terminal re-opens – Report

Libyan oil exports14 April 2014, News Wires – Libya’s western Zawiya oil port and its adjoining 120,000-barrel-a-day capacity refinery are back in operation, according to a report.

A spokesman for the National Oil Company was quoted by Reuters as saying that the two facilities had re-opened and were operating normally after protesters vacated the entrance.

The news comes days after NOC lifted the force majeure on the 110,000 bpd capacity al-Hariga export terminal in the east of the country as it resumed operations.

Libya is preparing to gradually re-open six ports in the wake of an agreement reached earlier this month between the interim government and militia occupying oil production and export facilities.

Nine months of demonstrations by a mix of militia, tribesmen and civil servants have sharply curtailed the north African OPEC producer’s oil output and cost the state an estimated $14 billion in lost revenues.


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