Libya to reopen biggest oil port, fields this week
Libya is in the process of reopening two of its biggest oil fields and ship the first cargo from its largest export terminal in two years, as the war-torn OPEC state pursues plans to almost double crude output in 2017.
Dec 16, 2016: Libya is in the process of reopening two of its biggest oil fields and ship the first cargo from its largest export terminal in two years, as the war-torn OPEC state pursues plans to almost double crude output in 2017.
Repsol-operated Sharara, Libya's largest oil field, and the El Feel, or Elephant, deposit run by Eni will soon start pumping crude to the Zawiya refinery and the Mellitah energy complex after pipelines reopened Wednesday, according to media reports.
The two western fields have been closed for more than a year and a half and have a combined output capacity of more than 450,000 barrels a day.
The tanker Seamusic is scheduled to arrive at the port of Es Sider on Friday to take on the first crude for overseas shipment from the terminal since 2014, the report suggested.