Middle EastTankers

Libyan oil terminals set to reopen

Libya is finally set to recommence oil exports from long shuttered key terminals in the east of the war-torn country.

The National Oil Corporation (NOC) has reached a deal with the Petroleum Facilities Guards who have been blockading four terminals including Ras Lanuf, Sidra and Zuetina since December 2014.

Oil output in Libya has quartered following five years of a bitter civil war to around 400,000 barrels a day. The reopening of the ports could see that figure climb quickly.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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