Mexico's inflation exceeds expectations in 1st half of April    Egypt's gold prices slightly down on Wednesday    Tesla to incur $350m in layoff expenses in Q2    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Shut ports limit Libya oil output to half
Libya's oil production falls sharply as main ports in the east shut down due to strikes
Published in Ahram Online on 27 - 08 - 2013

Libya's oil output is stuck at less than half of pre-war levels due to idle eastern oil ports, its oil minister said on Tuesday.
Oil production has fallen to 665,000 barrels per day (bpd) due to a month long disruption by armed security guards who shut down main export ports, Abdelbari al-Arusi said.
"In Libya we are precisely producing 665,000 bpd as a result of the strikes and the problems arising. We used to produce 1,550,000 bpd and when we produce now 665,000 bpd we are talking about a big difference," he said in an interview aired by Libyan television channel Libya al-Hurra.
The minister said the oil ports of Es Sider, Ras Lanuf and Zueitina and Marsa al Hariga, which are all in the east where most of the country's oil production lies, remained closed.
A spokesman for the Petroleum Facilities Guard also said on Tuesday that the situation had not changed since last week and Es Sider, Ras Lanuf and Zueitina were still blocked.
The deputy oil minister said last week that the Hariga port had been cleared of striking workers but tankers have not been able to load.
The tanker Hellas Warrior was called in at the end of last week, the ship operator said, but was unable to take crude. Another tanker was also waiting, a trading source close to the matter said.
Only Marsa al Brega in the east was open. Production was mainly coming from two western and southern fields in Zawiya and Mellitah, he added.
Brega loaded its first crude oil tanker since Aug. 9 over the weekend.
"The oil ports are completely closed. Brega was recently opened and Zueitina and Hariga are still closed. Every port has a different reason for their closure," the minister added.
Arusi blamed mainly non-oil workers and agitators pushing for federalism in Libya for the strikes, which he said had cost the country $2 billion in lost revenues.
"These groups announced federalism and they don't recognise the government nor the general national council," he said.
http://english.ahram.org.eg/News/80091.aspx


Clic here to read the story from its source.