Oil export ports in Libya reopen after being closed for bad weather

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A Libyan shipping source and port engineers told Reuters that four Libyan oil export ports that were closed because of bad weather have reopened.

According to the sources, tankers were docking at the eastern Ras Lanuf, Es Sider, Zueitina and Brega ports as well as the western Zawiya terminal linked to the El Sharara field.

Libya’s National Oil Corporation (NOC) said bad weather had forced shutdowns at the Ras Lanuf, Es Sider, Zueitina and Zawiya terminals. The company said production was down by 150,000 barrels per day (bpd), with a a further drop of 50,000 bpd expected because of a lack of storage capacity. Storage tanks at Es Sider are expected to fill within two days.

The state-oil firm said production from the country’s Sharara oilfield, which exports crude from Zawia, is expected to fall by 150,000 bpd if the bad weather persists.

Libyan oil production recently hit a five-year high of about 1.3 million bpd.

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