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Libya is returning with more barrels to the market after its
biggest oil field started raising production and an export terminal
re-opened for tanker loading. Crude oil output
at Sharara–the biggest field in Libya, which is exempt from OPEC
cuts–rose to 230,000 bpd on Tuesday—a 30,000 bpd increase just
since Sunday, Bloomberg reports, citing an unidentified source
familiar with the issue. In another boost to Libyan oil exports,
the Zueitina oil terminal resumed loading, Merhi Abridan, head of
the Zueitina workers’…
biggest oil field started raising production and an export terminal
re-opened for tanker loading. Crude oil output
at Sharara–the biggest field in Libya, which is exempt from OPEC
cuts–rose to 230,000 bpd on Tuesday—a 30,000 bpd increase just
since Sunday, Bloomberg reports, citing an unidentified source
familiar with the issue. In another boost to Libyan oil exports,
the Zueitina oil terminal resumed loading, Merhi Abridan, head of
the Zueitina workers’…
Libya is returning with more barrels to the market after its
biggest oil field started raising production and an export terminal
re-opened for tanker loading. Crude oil output
at Sharara–the biggest field in Libya, which is exempt from OPEC
cuts–rose to 230,000 bpd on Tuesday—a 30,000 bpd increase just
since Sunday, Bloomberg reports, citing an unidentified source
familiar with the issue. In another boost to Libyan oil exports,
the Zueitina oil terminal resumed loading, Merhi Abridan, head of
the Zueitina workers’…
biggest oil field started raising production and an export terminal
re-opened for tanker loading. Crude oil output
at Sharara–the biggest field in Libya, which is exempt from OPEC
cuts–rose to 230,000 bpd on Tuesday—a 30,000 bpd increase just
since Sunday, Bloomberg reports, citing an unidentified source
familiar with the issue. In another boost to Libyan oil exports,
the Zueitina oil terminal resumed loading, Merhi Abridan, head of
the Zueitina workers’…
Read more http://oilprice.com/Energy/Crude-Oil/Libya-Boosts-Oil-Output-At-Biggest-Field.html