Libya’s NOC to pause exports due to weather conditions

Oil

Libya’s National Oil Company (NOC) has recently announced they will temporality halt exports from four ports due to poor weather conditions, Reuters reported. The NOC has stated that the ports being closed are Brega, Zueitina, Ras Lanuf and Es Sider.  In January, Libya produced 1.0 M b/d of crude, down by 100K b/d m-o-m, according to the latest OPEC Oil Market Report.