• 4 minutes Why Trump Is Right to Re-Open the Economy
  • 7 minutes Did Trump start the oil price war?
  • 11 minutes Covid-19 logarithmic growth
  • 15 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 18 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 2 hours Russia's Rosneft Oil Company announces termination of its activity in Venezuela
  • 4 hours America’s Corona Tsar, Andrew Fauci, Concedes Covid-19 May Be Just a Bad Flu With a Fatality Rate of 0.1%
  • 9 hours Saudi Arabia Can't Endure $30 Oil For Long
  • 2 hours TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
  • 5 hours KSA taking Missiles from ?
  • 7 hours Where's the storage?
  • 8 hours Western Canadian Select selling for $6.48 bbl. Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
  • 8 hours Hillary Clinton tweeted a sick Covid joke just to attack Trump
  • 10 hours China extracts record amount of natural gas from Gas Hydrates in South China Sea
  • 12 hours Wait till America opens their Q1 401k Investment Statements and see they have lost 35% of their retirement savings. They can blame the Authoritarian Chinese Communist Party..
  • 13 hours There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 15 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off

The Militarization Of Libya’s Oil Infrastructure

rig

Libya’s Ras Lanuf Oil Terminal Is Now A Key Military Base for Haftar

For the second time in less than 45 days, the National Oil Corporation (NOC) of Libya in Tripoli has condemned the militarization of the country’s energy infrastructure by General Haftar and his forces. Of particular concern is the military presence inside the Ras Lanuf oil terminal in central Libya. Our sources inside the NOC say that Haftar’s forces have stormed this terminal and seized one building to house some 80 military officers. They have also attempted to provide a warship with fuel and have seized food stores and housing units for employees at the terminal.

With the NOC chairman, Mustafa Sanallah, calling this act a major threat to the country’s oil infrastructure, he has also indicated that he may withdraw employees if he feels they are in danger. Withdrawing them would effectively hand the terminal over to Haftar without a fight.

That means that Haftar would completely control one of the largest terminals on the shores of the southern Mediterranean, with a storage capacity of 6.5 million barrels of oil.

In the meantime, we have witnessed the first attack on a foreign oil asset in this conflict, with a JV between Eni and the Libya NOC damaged in an air strike on Tuesday that wounded three workers. The airstrike, launched by Haftar’s forces, damaged a storehouse belonging to the JV, Mellitah Oil & Gas. Equipment and warehouse materials were…




Oilprice - The No. 1 Source for Oil & Energy News