Libya is ensuring that Tobruk's oil terminal--which hasn't functioned for several weeks--is safe from a technical, operational standpoint before exports from the port resume in the coming days, a top oil official said Wednesday, in an example of rare progress for the country's embattled oil sector.
Libya
is
ensuring that Tobruk's oil terminal--which hasn't functioned for several
weeks--is safe from a technical, operational standpoint before exports from the
port resume in the coming days, a top oil official said Wednesday, in an
example of rare progress for the country's embattled oil sector.
The news comes as the country's National Oil Co. confirmed a refinery at this
oil complex had resumed production Monday, despite a vow by a local militia
leader to keep oil facilities closed in
Eastern Libya
. The
blockade by the militia leader has reduced
Libya
's oil
production and exports to a trickle.
The oil official, who declined to be named, said "we are securing the
terminal." The latter normally exports 50,000 barrels a day, according to
the International Energy Agency.
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