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Monday, July 23, 2018 0:6 GMT
Libya’s state-run oil and gas firm, NOC, declared force majeure on crude oil loadings at Zawiya port; commencing on July 16. This is a result of reduced production at Sharara following the recent attack and kidnap of four Akakus company employees (two were subsequently released). NOC has shut down and evacuated stations 186, 115B and IR. Field production is limited to 125,000 bpd – enough to meet the requirements of the Zawiya Refinery but leaving no excess crude for export. NOC chairman...More