Crude Oil Supply

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dan_s
Posts: 37292
Joined: Fri Apr 23, 2010 8:22 am

Crude Oil Supply

Post by dan_s »

This doesn't seem to be impacting the markets today, but definitely worth keeping an eye on. - Dan

London (Platts)--10Dec2013/1048 am EST/1548 GMT

The blockade of oil export terminals in eastern Libya that has brought the country's oil industry to a near complete halt is to be lifted on Sunday, allowing for exports to resume, a tribal chief said Tuesday.

The key ports of Es Sider, Ras Lanuf, Marsa el-Hariga and Zueitina have been closed since the summer after militia blockaded the terminals, demanding more autonomy for the eastern Cyrenaica region.

"We expect that the export of crude from the oil terminals will resume from December 15," Saleh al-Ateiwich, head of the powerful Al-Magharba tribe, was quoted as saying by French news agency AFP
Dan Steffens
Energy Prospectus Group
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