20 December 2021
Ruxandra Iordache
Libya's state-owned oil firm NOC has declared force majeure on crude exports from two ports in the west of the country after output from three fields was shut down earlier today.
Libya's largest oil field — the 300,000 b/d El Sharara field — was shut by the Petroleum Facilities Guard (PFG), which protects state-owned NOC's assets, trading and Libya-based sources said.
El Sharara is operated by Akakus Oil, a joint venture between NOC, Spain's Repsol, Austria's OMV, Norway's Equinor and TotalEnergies. The PFG is protesting against NOC chairman Mustafa Sanalla's attempt to remove Ahmed Ammar from Akakus Oil's management team, according to one of the sources. Output from El Sharara is prioritised for the 120,000 b/d Zawia refinery. The remaining volumes are exported from the nearby Zawia terminal.
Showing posts with label National Oil Corp. Libya. Show all posts
Showing posts with label National Oil Corp. Libya. Show all posts
Monday, December 20, 2021
Friday, July 10, 2020
Libya Lifts Force Majeure On All Oil Exports - OILPRICE.COM
Jul 10, 2020, 10:00 AM CDT
Charles Kennedy
After six months of port blockades and no exports, Libya’s National Oil Corporation (NOC) said on Friday that it lifted force majeure on all oil exports from Libya, potentially giving OPEC+ a headache in the coming months as the group continues to withhold supply from the market.
The first vessel to load crude oil from Libya is the Kriti Bastion from Es Sider oil port, NOC said today, but noted that the oil production increase in the country “will take a long time due to the significant damage to reservoirs and infrastructure caused by the illegal blockade imposed on January 17.”
After six months of port blockades and no exports, Libya’s National Oil Corporation (NOC) said on Friday that it lifted force majeure on all oil exports from Libya, potentially giving OPEC+ a headache in the coming months as the group continues to withhold supply from the market.
The first vessel to load crude oil from Libya is the Kriti Bastion from Es Sider oil port, NOC said today, but noted that the oil production increase in the country “will take a long time due to the significant damage to reservoirs and infrastructure caused by the illegal blockade imposed on January 17.”
Thursday, May 7, 2020
Oil exports fetch USD 1.4 billion in Libya - BRAZIL-ARAB NEWS AGENCY (ANBA)
07/ MAY /2020
Philippe Roy/AFP
São Paulo – Libya saw LYD 1.98 billion in oil export revenues year-to-date through April, an amount equivalent to roughly USD 1.4 billion, African news outlet Panapress reported quoting official Central Bank of Libya numbers. Libya is an Arab country located in the African continent.
Libya is struggling with maintaining its oil at full capacity, as a result of political unrest since the ousting of dictator Muammar Gaddafi in 2011. The Government of National Accord is officially ruling over the country, however opposing forces do not recognize its authority, and are controlling part of Libya’s territory.
Libya’s National Oil Company (NOC) recently said that a blockade of oil-producing areas as a result of fighting since January has trimmed daily oil output down to between 92,000 and 72,000 barrels per day, from a prior 1.2 million bpd.
Philippe Roy/AFP
São Paulo – Libya saw LYD 1.98 billion in oil export revenues year-to-date through April, an amount equivalent to roughly USD 1.4 billion, African news outlet Panapress reported quoting official Central Bank of Libya numbers. Libya is an Arab country located in the African continent.
Libya is struggling with maintaining its oil at full capacity, as a result of political unrest since the ousting of dictator Muammar Gaddafi in 2011. The Government of National Accord is officially ruling over the country, however opposing forces do not recognize its authority, and are controlling part of Libya’s territory.
Libya’s National Oil Company (NOC) recently said that a blockade of oil-producing areas as a result of fighting since January has trimmed daily oil output down to between 92,000 and 72,000 barrels per day, from a prior 1.2 million bpd.
Wednesday, March 25, 2020
Libya’s February oil revenues down 69 percent; NOC calls for immediate end to illegal oil blockade and on state to reduce expenses - LIBYA HERALD
London, 25 March 2020
Sami Zaptia
Libya’s state National Oil Corporation (NOC) reported that February 2020 hydrocarbon revenues were approximately US$ 555 million, a decrease of around $1.21billion USD (68.6%) on January 2020 revenues. The February figure is also a decrease of around US$ 708 million (56%) compared with February last year. It called for an immediate end to the costly oil blockade.
It confirmed that oil and gas production in Libya have been consistently down, with current levels of production at 95,837 barrels a day, as of Sunday March 22, 2020. Forced restriction of production has resulted in financial losses exceeding 3,535,802,366 USD since January 17, 2020.
Libya’s state National Oil Corporation (NOC) reported that February 2020 hydrocarbon revenues were approximately US$ 555 million, a decrease of around $1.21billion USD (68.6%) on January 2020 revenues. The February figure is also a decrease of around US$ 708 million (56%) compared with February last year. It called for an immediate end to the costly oil blockade.
It confirmed that oil and gas production in Libya have been consistently down, with current levels of production at 95,837 barrels a day, as of Sunday March 22, 2020. Forced restriction of production has resulted in financial losses exceeding 3,535,802,366 USD since January 17, 2020.
Tuesday, March 3, 2020
Libya says oil shutdown losses close to $2.6 billion - ASSOCIATED PRESS
March 3, 2020
Samy Magdy
CAIRO (AP) — Economic fallout continues from a protracted blockade of Libya’s vital oil fields and ports, with losses close to $2.6 billion, the national oil corporation announced Tuesday, intensifying the pressure on a U.N.-supported government in the capital.
Powerful tribes loyal to Libya’s eastern-based forces seized large export terminals and choked off major pipelines in January, aiming to starve the Tripoli-based government of crucial revenues.
The eastern-based forces, led by military commander Khalifa Hifter, launched an offensive in April to capture Tripoli, clashing with an array of militias loosely allied with the U.N.-supported government. The fighting for Tripoli has ground down to a stalemate in recent months.
The National Oil Corporation, which dominates Libya’s critical oil industry, said Tuesday the losses as of Monday were close to $2.6 billion since Jan. 17.
Samy Magdy
CAIRO (AP) — Economic fallout continues from a protracted blockade of Libya’s vital oil fields and ports, with losses close to $2.6 billion, the national oil corporation announced Tuesday, intensifying the pressure on a U.N.-supported government in the capital.
Powerful tribes loyal to Libya’s eastern-based forces seized large export terminals and choked off major pipelines in January, aiming to starve the Tripoli-based government of crucial revenues.
The eastern-based forces, led by military commander Khalifa Hifter, launched an offensive in April to capture Tripoli, clashing with an array of militias loosely allied with the U.N.-supported government. The fighting for Tripoli has ground down to a stalemate in recent months.
The National Oil Corporation, which dominates Libya’s critical oil industry, said Tuesday the losses as of Monday were close to $2.6 billion since Jan. 17.
Sunday, January 19, 2020
Libya: Tribesmen Say They Have Closed Shahara, el-Feel Oilfields - ASHARQ AL-AWSAT
Sunday, 19 January, 2020 - 15:00
A group representing southern Libyan tribesmen said on Sunday it had closed the southern El ShaRara and El Feel oilfields, virtually halting all of Libya’s oil output during a major international peace summit for Libya in Berlin.
The leader of the Fezzan Anger group, Bashir al-Sheikh said they had shut two fields, just two days after other fields in the east of the country were also shut.
El Sharara has production of abound 300,000 bpd and El Feel produces some 70,000 bpd.
A field engineer reached by telephone said a valve from the field had been closed.
The National Oil Corporation (NOC) has earlier warned that any shutdowns could have a lasting impact.
NOC Chairman Mustafa Sanalla said earlier on Friday: “The oil and gas sector is the lifeblood of the Libyan economy and the single source of income for the Libyan people ... They are not cards to be played to solve political matters.”
A group representing southern Libyan tribesmen said on Sunday it had closed the southern El ShaRara and El Feel oilfields, virtually halting all of Libya’s oil output during a major international peace summit for Libya in Berlin.
The leader of the Fezzan Anger group, Bashir al-Sheikh said they had shut two fields, just two days after other fields in the east of the country were also shut.
El Sharara has production of abound 300,000 bpd and El Feel produces some 70,000 bpd.
A field engineer reached by telephone said a valve from the field had been closed.
The National Oil Corporation (NOC) has earlier warned that any shutdowns could have a lasting impact.
NOC Chairman Mustafa Sanalla said earlier on Friday: “The oil and gas sector is the lifeblood of the Libyan economy and the single source of income for the Libyan people ... They are not cards to be played to solve political matters.”
Friday, November 22, 2019
Libya’s NOC sets out big plans in international pitch - ENERGY VOICE
22/11/2019, 7:18 am
Ed Reed
Libya expects to raise more than $20 billion in revenue in 2019, with production running at around 1.25 million barrels per day, the company’s chairman Mustafa Sanalla said at a conference in Tunis.
The plan is for 2020 to be a “transformative year for NOC and Libya”, he said. There are a number of aspects to the scheme, which should see production increase to 1.5mn bpd in 2020 and 2.1mn bpd by 2024. Gas output by that point should be 3.5 billion cubic feet (99 million cubic metres) per day.
NOC also intends to launch a charter for its values and implement a “4D security plan”, covering transparency, engagement with communities and restricting criminal gangs’ ability to carry out fuel smuggling and other sources of revenue raising. Sanalla set out plans for an “endowment fund”, under which communities hosting oil production would receive payments linked to output volumes.
The plan is for 2020 to be a “transformative year for NOC and Libya”, he said. There are a number of aspects to the scheme, which should see production increase to 1.5mn bpd in 2020 and 2.1mn bpd by 2024. Gas output by that point should be 3.5 billion cubic feet (99 million cubic metres) per day.
NOC also intends to launch a charter for its values and implement a “4D security plan”, covering transparency, engagement with communities and restricting criminal gangs’ ability to carry out fuel smuggling and other sources of revenue raising. Sanalla set out plans for an “endowment fund”, under which communities hosting oil production would receive payments linked to output volumes.
Tuesday, October 29, 2019
Egyptian Companies to Return to Libyan E&P Sector - PETROLEUM AFRICA
Tuesday, October 29, 2019
NOC chairman Eng. Mustafa Sanalla met with Egyptian Minister of Petroleum Eng. Tarek El Molla, and senior officials of the Egyptian Ministry of Petroleum, in Cairo on October 27, 2019. The meeting was held to further mutual cooperation between NOC, the Egyptian Ministry of Petroleum, and Egyptian oil companies.
Eng. El Molla stressed the importance of enhancing Libyan-Egyptian mutual cooperation and emphasized Egyptian companies’ aspirations to resume work in Libya. The Minister also confirmed that Egyptian oil companies have been directed by the Ministry to return to doing business and to proceed with currently suspended projects in Libya.
The NOC chairman briefed the Egyptian attendees on NOC’s plans to increase oil and gas production in Libya and invited Egyptian oil companies to contribute to the implementation of these plans both technically and commercially. Sanalla also commended Egyptian state-owned enterprise Petrojet, which previously completed the Wafa oilfield pipeline in western Libya.
NOC chairman Eng. Mustafa Sanalla met with Egyptian Minister of Petroleum Eng. Tarek El Molla, and senior officials of the Egyptian Ministry of Petroleum, in Cairo on October 27, 2019. The meeting was held to further mutual cooperation between NOC, the Egyptian Ministry of Petroleum, and Egyptian oil companies.
Eng. El Molla stressed the importance of enhancing Libyan-Egyptian mutual cooperation and emphasized Egyptian companies’ aspirations to resume work in Libya. The Minister also confirmed that Egyptian oil companies have been directed by the Ministry to return to doing business and to proceed with currently suspended projects in Libya.
The NOC chairman briefed the Egyptian attendees on NOC’s plans to increase oil and gas production in Libya and invited Egyptian oil companies to contribute to the implementation of these plans both technically and commercially. Sanalla also commended Egyptian state-owned enterprise Petrojet, which previously completed the Wafa oilfield pipeline in western Libya.
Saturday, October 26, 2019
Libya’s Faregh Field Development Phase 2 to Boost Production - PETROLEUM AFRICA
Saturday, October 26, 2019
The Faregh field development Phase 2 is to boost daily production capacity to a quarter-billion cubic feet of gas and 15,000 barrels of condensates
In an important step toward achieving the production targets of the National Oil Corporation (NOC), Waha Oil Company (WOC) announced the beginning of operating tests of the Phase 2 of the Faregh field development project, starting on Wednesday, October 23, 2019 to pump gas to the Intisar 103 field. At a later date, gas will be shipped to the coastal network, to which the field is connected. This step is a significant achievement of NOC and WOC to serve Libyans and the national economy.
Faregh’s gas will be used to increase the efficiency of crude oil production at the Intisar 103 field and could supply the power plants in the Eastern Region, replacing subsidized liquid fuel, a measure that is both cost-saving and environmentally friendly. The project will also increase gas supply to methanol plants and the Libyan Norwegian Fertilizer Company (LifeCo) in Marsa El Brega.
NOC is awaiting the General Company for Gas Transmission & Distribution’s completion of gas pipeline installations to connect the Faregh field with the Sarir power plant, carried out in collaboration with Petrojet, an Egyptian company.
The Faregh field development Phase 2 is to boost daily production capacity to a quarter-billion cubic feet of gas and 15,000 barrels of condensates
In an important step toward achieving the production targets of the National Oil Corporation (NOC), Waha Oil Company (WOC) announced the beginning of operating tests of the Phase 2 of the Faregh field development project, starting on Wednesday, October 23, 2019 to pump gas to the Intisar 103 field. At a later date, gas will be shipped to the coastal network, to which the field is connected. This step is a significant achievement of NOC and WOC to serve Libyans and the national economy.
Faregh’s gas will be used to increase the efficiency of crude oil production at the Intisar 103 field and could supply the power plants in the Eastern Region, replacing subsidized liquid fuel, a measure that is both cost-saving and environmentally friendly. The project will also increase gas supply to methanol plants and the Libyan Norwegian Fertilizer Company (LifeCo) in Marsa El Brega.
NOC is awaiting the General Company for Gas Transmission & Distribution’s completion of gas pipeline installations to connect the Faregh field with the Sarir power plant, carried out in collaboration with Petrojet, an Egyptian company.
Sunday, August 4, 2019
Eni continues oil and gas initiative in Libya - OIL REVIEW MIDDLE EAST
Sunday, 04 August 2019 04:30
Fayez al-Sarraj, head of the presidential council of the Libyan Government of National Accord, met in Tripoli with Eni’s CEO Claudio Descalzi to discuss the general situation of Libya, with a particular focus on the introduction of renewable energy in Libya and Eni's activities in the country
The meeting was also attended by the chairman of the National Oil Corporation (NOC) Mustafa Sanalla.
Claudio Descalzi assured Sarraj the full commitment of the company to its operational activities and projects in the country and reiterated Eni’s commitment in the social area, particularly in reference to the initiatives undertaken in the power generation sector.
Following the Memorandum of Understanding (MoU) signed last year with GECOL and NOC, Eni has contributed greatly for the improvement of the power sector, supplying much needed spare parts and technical assistance that allowed the recovery of 425MW of power output in the Tripoli area.
Fayez al-Sarraj, head of the presidential council of the Libyan Government of National Accord, met in Tripoli with Eni’s CEO Claudio Descalzi to discuss the general situation of Libya, with a particular focus on the introduction of renewable energy in Libya and Eni's activities in the country
The meeting was also attended by the chairman of the National Oil Corporation (NOC) Mustafa Sanalla.
Claudio Descalzi assured Sarraj the full commitment of the company to its operational activities and projects in the country and reiterated Eni’s commitment in the social area, particularly in reference to the initiatives undertaken in the power generation sector.
Following the Memorandum of Understanding (MoU) signed last year with GECOL and NOC, Eni has contributed greatly for the improvement of the power sector, supplying much needed spare parts and technical assistance that allowed the recovery of 425MW of power output in the Tripoli area.
Saturday, July 20, 2019
Libya’s El-Sharara oilfield shut down: NOC - MIDDLE EAST MONITOR
July 20, 2019 at 8:19 pm
Libya’s El-Sharara oilfield has been shut down, the country’s state oil firm confirmed on Saturday, Anadolu reports.
In a statement, the National Oil Corporation (NOC) said it has launched an investigation into suspected valve closure in the Hamada area in western Libya.
It, however, said production from the nearby El Feel oilfield had not been affected by the incident.
El-Sharara oilfield produces more than 300,000 barrels of crude oil per day, forming roughly one-third of the oil-rich country’s production.
Libya holds Africa’s largest crude reserves, but eight years of conflict and violence in the country since the 2011 ouster of ruler Muammar Gaddafi have hobbled production and exports.
Libya’s El-Sharara oilfield has been shut down, the country’s state oil firm confirmed on Saturday, Anadolu reports.
In a statement, the National Oil Corporation (NOC) said it has launched an investigation into suspected valve closure in the Hamada area in western Libya.
It, however, said production from the nearby El Feel oilfield had not been affected by the incident.
El-Sharara oilfield produces more than 300,000 barrels of crude oil per day, forming roughly one-third of the oil-rich country’s production.
Libya holds Africa’s largest crude reserves, but eight years of conflict and violence in the country since the 2011 ouster of ruler Muammar Gaddafi have hobbled production and exports.
Friday, June 21, 2019
Warehouse co-owned by Italy oil company Eni destroyed in Libya - CONSTRUCTION WEEK ONLINE
21 Jun 2019Neha Bhatia
A warehouse owned by Mellitah Oil and Gas Co, a joint venture of Italy's Eni and Libya National Oil Company (NOC), was destroyed in an airstrike, with three of the company's employees suffering minor injuries and "significant" material losses noted from the event, including the destruction of "valuable equipment and materials" in addition to the structure itself.
Citing a statement by Libya NOC, Construction Week's sister title Oil & Gas Middle East reported the company's chairman, Eng Mustafa Samalla, as saying: “This is another tragic loss caused by this unnecessary conflict.
“NOC infrastructure is being destroyed before our eyes. The lives of oil sector workers are continually being put at risk, as is the prospect of maintained oil production.”
In May 2019, Libya NOC announced plans to develop the North Hamada oilfield, operated by Nafusa Oil Operations, but the company continues to face challenges due to attacks such as the latest one.
According to OGME, Samalla told reporters last month that the continuation of instability in Libya could lead it to lose 95% of its oil production.
A warehouse owned by Mellitah Oil and Gas Co, a joint venture of Italy's Eni and Libya National Oil Company (NOC), was destroyed in an airstrike, with three of the company's employees suffering minor injuries and "significant" material losses noted from the event, including the destruction of "valuable equipment and materials" in addition to the structure itself.
Citing a statement by Libya NOC, Construction Week's sister title Oil & Gas Middle East reported the company's chairman, Eng Mustafa Samalla, as saying: “This is another tragic loss caused by this unnecessary conflict.
“NOC infrastructure is being destroyed before our eyes. The lives of oil sector workers are continually being put at risk, as is the prospect of maintained oil production.”
In May 2019, Libya NOC announced plans to develop the North Hamada oilfield, operated by Nafusa Oil Operations, but the company continues to face challenges due to attacks such as the latest one.
According to OGME, Samalla told reporters last month that the continuation of instability in Libya could lead it to lose 95% of its oil production.
“Unfortunately if the situation will continue like this I’m afraid that maybe 95% of production will be lost,” Mustafa Sanalla told reporters in Jeddah, according to Reuters.
SOURCE
Sunday, May 19, 2019
Libya's oil and gas revenues reach $1.87 billion in April -NOC statement - REUTERS
MAY 19, 2019 / 5:23 PM
DUBAI, May 19 (Reuters) - Libya’s oil and gas revenues reached $1.87 billion in April, up 22% from the previous month as oil prices rose, the country’s National Oil Corporation (NOC) said in statement on Sunday.
Friday, March 29, 2019
NOC, Eni sign agreement to boost gas production - THE LIBYA OBSERVER
March 29, 2019 - 14:20
Libya’s National Oil Corporation (NOC) and Italian oil major Eni signed on March 25 two memoranda of understanding (MoU), at NOC’s Tripoli headquarters. The first concerned the establishment of a steering committee to expedite gas production at structures ‘A’ and ‘E’ within maritime concession MN 41 in the Sabratha marine basin.
The steering committee will oversee the timely and transparent implementation of this project, in line with best-practice good governance, and will work to alleviate difficulties facing project implementation. This important strategic project will provide gas to meet both local consumption and export requirements. Once complete, project capacity from both structures will total 760 million cubic feet of natural gas per day.
The second MoU agrees to jointly fund capacity building programmes for industrial security staff at NOC and Mellitah Oil and Gas Company (MOGCO), with workshops focusing on risk assessment and mitigation, crisis management, and comprehensive field inspection procedures.
During the signing ceremony, Eng. Sanalla commented: “Eni is one of NOC’s strategic partners and one of the world's largest oil and gas companies, renowned for its expertise and technological capabilities that we seek to bring to Libya. Our sector is the backbone of the national economy - we should preserve it for future generations. We have to work on developing the sector in order to increase production and fuel development.”
Libya’s National Oil Corporation (NOC) and Italian oil major Eni signed on March 25 two memoranda of understanding (MoU), at NOC’s Tripoli headquarters. The first concerned the establishment of a steering committee to expedite gas production at structures ‘A’ and ‘E’ within maritime concession MN 41 in the Sabratha marine basin.
The steering committee will oversee the timely and transparent implementation of this project, in line with best-practice good governance, and will work to alleviate difficulties facing project implementation. This important strategic project will provide gas to meet both local consumption and export requirements. Once complete, project capacity from both structures will total 760 million cubic feet of natural gas per day.
The second MoU agrees to jointly fund capacity building programmes for industrial security staff at NOC and Mellitah Oil and Gas Company (MOGCO), with workshops focusing on risk assessment and mitigation, crisis management, and comprehensive field inspection procedures.
During the signing ceremony, Eng. Sanalla commented: “Eni is one of NOC’s strategic partners and one of the world's largest oil and gas companies, renowned for its expertise and technological capabilities that we seek to bring to Libya. Our sector is the backbone of the national economy - we should preserve it for future generations. We have to work on developing the sector in order to increase production and fuel development.”
Friday, December 28, 2018
Libyan oil revenue dips to $2.4 billion in November: NOC - REUTERS
DECEMBER 28, 2018 / 11:20 AM
DUBAI (Reuters) - Libya’s oil and gas revenue dipped to $2.4 billion in November from $2.87 billion in October, but full-year revenue is expected to surge by 76 percent to $24.2 billion, state oil firm NOC said on Friday.
Although lower than the previous month, November revenue was the third highest monthly figure in 2018, NOC said.
Despite recurrent security problems that have affected output from Libyan oilfields, NOC’s revenue has been boosted this year by higher oil prices and production.
Libya currently produces about 1.15 million barrels per day of oil.
“NOC will continue to drive the economic recovery and provide the funds necessary to ensure a fair distribution of wealth and economic justice across the country,” NOC Chairman Mustafa Sanalla said in a statement.
DUBAI (Reuters) - Libya’s oil and gas revenue dipped to $2.4 billion in November from $2.87 billion in October, but full-year revenue is expected to surge by 76 percent to $24.2 billion, state oil firm NOC said on Friday.
Although lower than the previous month, November revenue was the third highest monthly figure in 2018, NOC said.
Despite recurrent security problems that have affected output from Libyan oilfields, NOC’s revenue has been boosted this year by higher oil prices and production.
Libya currently produces about 1.15 million barrels per day of oil.
“NOC will continue to drive the economic recovery and provide the funds necessary to ensure a fair distribution of wealth and economic justice across the country,” NOC Chairman Mustafa Sanalla said in a statement.
Tuesday, October 23, 2018
Significant Gains at Abu-Attifel Field - PETROLEUM AFRICA

Tuesday, October 23, 2018
Libya’s NOC reported that Mellitah Oil & Gas (MOG) has made “significant gains” at the Abu-Attifel oilfield. These gains come despite the security issues and logistical constraints the company faces at the oilfield.
MOG completed operating tests for a TC5 Solar Gas Turbine on October 13. This equipment is part of an impactful low-pressure flare project increasing low-pressure well gas production which then transfers to a LNG plant. The project has succeeded in increasing condensate quantities by 2,000 bpd to 9,500 bpd and reduced the proportion of ‘off-gas’ flaring to zero.
The National Drilling and Well Maintenance Company, owned by NOC, also helped MOG complete the maintenance of well No 56, restoring it to the production of 4,800 bpd of oil and approximately 9 Mmcf/d. The maintenance of well No A49 is expected to complete before the end of the year, thereby raising production by a further 1,000 bpd.
Saturday, October 13, 2018
Eni CEO says new agreement with Libya’s NOC would increase oil production efficiency - THE LIBYA OBSERVER
October 13, 2018 - 14:19
Safa Alharathy
The CEO of the Italian energy company Eni Claudio Descalzi said that the expansion of production plans in Libya in 2019 is important for both sides in terms of diversification of energy sources.
Descalzi explained in a press statement that these plans would turn the situation round in Libya after 8 years of freezing of investments, adding that this step would contribute to creating jobs and greater development in the country.
Discalzi pointed out that the agreement on exploration and sharing of production, signed between the National Oil Corporation (NOC), ENI, and BP, involves about fifty four thousand square kilometres in the sea and on land.
Safa Alharathy
The CEO of the Italian energy company Eni Claudio Descalzi said that the expansion of production plans in Libya in 2019 is important for both sides in terms of diversification of energy sources.
Descalzi explained in a press statement that these plans would turn the situation round in Libya after 8 years of freezing of investments, adding that this step would contribute to creating jobs and greater development in the country.
Discalzi pointed out that the agreement on exploration and sharing of production, signed between the National Oil Corporation (NOC), ENI, and BP, involves about fifty four thousand square kilometres in the sea and on land.
Sunday, August 26, 2018
Wafa–Mellitah gas pipeline fire in Libya causes no significant damage: NOC - OIL REVIEW MIDDLE EAST
Sunday, 26 August 2018 06:00
Fire outbreak next to a station on Libya’s Wafa-Mellitah gas pipeline was extinguished without causing significant damage, said Libya’s National Oil Corp (NOC) in a statement.
“Preliminary investigations revealed that the arson was carried out with rocket-propelled grenades, gasoline and burnt car tyres found at the scene,” stated NOC.
Industrial Security Departments at the NOC and Mellitah complex closely worked with the Petroleum Facilities Guard and relevant authorities to investigate the incident and identify its perpetrators.
Fire outbreak next to a station on Libya’s Wafa-Mellitah gas pipeline was extinguished without causing significant damage, said Libya’s National Oil Corp (NOC) in a statement.
“Preliminary investigations revealed that the arson was carried out with rocket-propelled grenades, gasoline and burnt car tyres found at the scene,” stated NOC.
Industrial Security Departments at the NOC and Mellitah complex closely worked with the Petroleum Facilities Guard and relevant authorities to investigate the incident and identify its perpetrators.
Wednesday, July 18, 2018
Security Issues Continue to Plague Libya's Oil-Supply Growth - RIGZONE / BLOOMBERG
Wednesday, July 18, 2018Salma El Wardany
(Bloomberg) -- Just as Libya resumes oil exports from recently shuttered ports, an attack on its largest field is setting back progress yet again.
An incursion by gunmen into the Sharara field on Saturday and the kidnapping of workers there forced the National Oil Corp. to cut production and put a ban on exports. It’s the latest in a string of security incidents that have hobbled Libyan shipments despite repeated attempts to restore flows in the politically divided nation.
“This incident required us to shut down and evacuate a number of stations,” NOC Chairman Mustafa Sanalla said in a statement. The kidnappers released two of the four abducted workers later the same day but still hold two others.
(Bloomberg) -- Just as Libya resumes oil exports from recently shuttered ports, an attack on its largest field is setting back progress yet again.
An incursion by gunmen into the Sharara field on Saturday and the kidnapping of workers there forced the National Oil Corp. to cut production and put a ban on exports. It’s the latest in a string of security incidents that have hobbled Libyan shipments despite repeated attempts to restore flows in the politically divided nation.
“This incident required us to shut down and evacuate a number of stations,” NOC Chairman Mustafa Sanalla said in a statement. The kidnappers released two of the four abducted workers later the same day but still hold two others.
Monday, July 9, 2018
Libya oil chief warns output to drop every day as ports halted - WORLD OIL

JULY/9/2018
SALMA EL WARDANY
CAIRO (Bloomberg) -- Libya’s oil output will keep dropping day by day if major ports remain closed after clashes last month led to a political deadlock, the head of the country’s state energy producer said.
“Today, production is 527,000 bpd, tomorrow it will be lower, and after tomorrow it will be even lower and everyday it will keep falling,” Mustafa Sanalla, chairman of the Tripoli-based National Oil, said in a video statement posted on the company’s Facebook page. The nation was producing more than twice that amount before fighting in February forced an oil field in western Libya to shut down, he said.
Sanalla urged Khalifa Haftar, an army commander in the politically divided nation’s east, to transfer control of the closed oil ports to the NOC in Tripoli.
SALMA EL WARDANY
CAIRO (Bloomberg) -- Libya’s oil output will keep dropping day by day if major ports remain closed after clashes last month led to a political deadlock, the head of the country’s state energy producer said.
“Today, production is 527,000 bpd, tomorrow it will be lower, and after tomorrow it will be even lower and everyday it will keep falling,” Mustafa Sanalla, chairman of the Tripoli-based National Oil, said in a video statement posted on the company’s Facebook page. The nation was producing more than twice that amount before fighting in February forced an oil field in western Libya to shut down, he said.
Sanalla urged Khalifa Haftar, an army commander in the politically divided nation’s east, to transfer control of the closed oil ports to the NOC in Tripoli.
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