07MAR2019 - NEWS - Sharara crude oil of Libya to see its first scheduled export in three months as force majeure on operations have been lifted

The first export cargoes of Libya's Sharara crude since the lifting of force majeure will be lifted this weekend. The Aframax vessel Balla has been fixed by Austrian refiner OMV for a voyage from the western Libyan port of Zawiya to a Mediterranean destination for March 9 at Worldscale 112.5, according to shipping reports. A second Aframax stem, for loading March 9-11, is also being sought by OMV from Zawiya. Libya's National Oil Corporation on Monday lifted force majeure on operations at the grade's field after almost three months following the removal of an armed group that had occupied the site. The 300,000 b/d Sharara field has been shuttered since December 8 after armed groups, with the help of local people, occupied the site in protest at economic conditions and frequent power outages in the south of the country.

Published by Editor - www.Livebunkers.com at 07-Mar-2019 06:12:34 [UTC] , contact editor at editor@livebunkers.com