FINANCIAL NEWS

Libya to resume big oil fields exports

10 Jul 2016

(MENAFN) Libya will reopen crude exports process from two of its biggest oil ports within one week after clashes that forced Islamic State militant to pull out of the area

In detail, oil exports will resume from Es Sider, the country’s biggest oil port, and Ras Lanuf, the third-largest, and which have been closed since 2014.
In accordance, the exports will be under the authority of the Tripoli-based Government of National Accord, which is seeking to reunify the divided country.

Furthermore, some minor technical issues related to the transportation network between the oil storage tanks and the Es Sider and Ras Lanuf oil ports will be fixed.

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