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FINANCIAL NEWS
Libya’s Zawiya oil refinery back online: Spokesman
01 Dec 2012
(MENAFN) A spokesperson for Libya’s Zawiya Oil Refining Company said that western Libya’s main refinery restarted production, after demonstrators shut it down for a day, Reuters reported.
Essam Al-Muntasir said employees were able to resume work and fuel trucks were able to leave the refinery.
The Zawiya refinery, about 50 km west of Tripoli, has a capacity of 120,000 barrels per day (bpd) and provides 40 percent of western Libya’s oil needs.
Recently, a large crowd of demonstrating war veterans blocked the refinery entrances before employees, and fuel tanks from leaving, over demands that the government compensates them.
Muntasir said the demonstrators were wounded veterans demanding to be sent abroad for treatment.
A similar protest in early November forced the refinery to shut down for two days, impacting fuel supplies in the capital.
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