Libyan oil exports face setback as loadings are halted at three main ports

Oil

Libya’s Petroleum Facilities Guard (PFG) have halted all oil exports from the Ras Lanuf, Hariga and Es Sider ports following an escalating dispute over pay, Reuters report. Ras Lanuf and Es Sider were the last two major ports to resume loadings following the lifting of force majeure by Libya’s National Oil Corporation (NOC) in October, after an oil blockade was imposed by forces allied with the Libyan National Army (LNA) in January 2020, according to Argus also reporting on the matter.

This news comes as Libya’s Waha Oil Company, a subsidiary of the NOC, has announced the completion of maintenance along the main pipeline connecting the Samah and Dahra oil fields to the Es Sider export terminal. This pipeline was forced to close in order to undergo necessary repairs on January 17, reducing Waha Oil production by around 200K b/d across this period.