Report: NOC Hopes to Regain Control of Two Oil Ports

Image Courtesy: NOC; Ilustration

Libya’s National Oil Corporation (NOC) believes it will retake control of the country’s two major oil ports from eastern Libyan forces, Reuters reports citing a statement from the Tripoli-based NOC Chairman.

Earlier this month, the eastern-based Libyan National Army (LNA) took over the ports of Es Sidra and Ras Lanuf from the Benghazi Defence Brigades (BDB).

Consequently, Libya’s eastern parliament announced it would cancel the agreement to unify NOC.

According to Mustafa Sanalla, NOC Chairman‘s statement to Reuters, NOC’s staff was working with the LNA to assess the ports, and there were no reasons to believe the ports wouldn’t be handed over to the oil corporation.

Furthermore, Sanalla added that the facilities have not sustained major damage following the most recent clashes and that workers are returning to terminals.

The two ports have a joint potential capacity of 600,000 barrels per day.

As disclosed, Waha Oil Company started pumping to Es Sider on Saturday and the NOC had decided to restart operations at the ports.

Earlier this month, Sanalla pleaded for the country’s oil sector not to be a political bargaining chip, and urged all sides to refrain from conflict over oil infrastructure.

As stressed by Sanalla, NOC made good progress in the last few months in recovering production levels and increasing exports.

In the second part of 2016, oil exports from the country’s blocked ports resumed after the Petroleum Facilities Guards (PFG) and the Government of National Accord (GNA) agreed to reopen the ports, Ras Lanuf, Zueitina, and Es Sidra that PFG had been blockading due to a pay dispute.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Green Ship Technology North America

Survival of the fittest in maritime: Make smart investments, ensure you are compliant, future proof your fleet…

read more >

FCCA Cruise Conference & Trade Show

The ​FCCA ​Conference ​is ​a four-day ​event ​designed ​to ​foster ​a ​better ​understanding ​of ​the ​inner ​workings ​of ​the ​cruise…

read more >

Bulk Liquid Storage Europe 2017

The event will cover current key challenges and issues faced by the industry and provide in depth discussions and analysis of today`s…

read more >

3RD ANNUAL GENERAL AVERAGE SEMINAR

ATTEND THIS SEMINAR TO:
– Get up to speed on the revisions to the York-Antwerp Rules 2016…

read more >