Hariqa port to reopen

Cairo: Libyan prime minister, Ali Zaidan, said on Monday that oil exports from Hariqa port, in the far east of the country, will resume within a week, following a two-month shutdown due to strikes and protests.

Zaidan's declaration came during a televised conference in which the prime minister appeared sitting next to local officials, who announced the reopening of the port, located in Tubruk, near by the Egyptian border.

The capacity of Hariqa Port is 110,000 barrels per day. The National Oil Corporation of Libya declared force majeure at the port on September 12.

While the news is a fillip to the beleaguered Libyan administration, it was tempered with developments at the giant Sharara oil field, where production has come to a standstill with nomads protesting on the site.

Libyan oil production is now at less than 50% of capacity.  [29/10/13]

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