• 2 minutes California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 minutes China and India are both needing more coal and prices are now extremely high. They need maximum fossil fuel.
  • 11 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 3 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 7 hours Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 2 hours Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 6 hours Did China cherry-pick the factors that affected the economic slow-down?
  • 5 days "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 3 days U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 3 days Nord Stream - US/German consultations
  • 5 days An Indian Opinion on What is Going on in China
  • 409 days Class Act: Bet You've Never Seen A President Do This.
  • 3 days Australia sues Neoen for lack of power from its Tesla battery
  • 2 days Forecasts for Natural Gas
  • 5 days Storage of gas cylinders

Libya Experiences More Blackouts As Oil Ports Remain Blocked

Libya's central and southern regions experienced a major power outage on Thursday, the state General Electricity Company of Libya (GECOL) said on Friday, while Libya's oil terminals remain blocked for exports.  

The most recent blackout comes after a series of power outages in Libya this summer, Libya Herald reports.  

Last month, Libya's National Oil Corporation (NOC) said that the closure of oil ports in the Gulf of Sirte was the main reason for the power outages in eastern Libya.

"By closing the ports in the Gulf of Sirte, the condensate reservoirs at the export ports will be filled within days, and thus the production of the gas associated with the condensate, which feeds Zueitina power stations and north of Benghazi, will come to a halt," NOC chairman Mustafa Sanalla said, as carried by The Libya Observer.

Sanalla had warned earlier that oil tanks full to the brink at Libya's oil export terminals are posing a risk to local communities and the facilities themselves.  

Meanwhile, Libya's oil terminals remain out of service, and the country is not exporting oil.

Currently, oil production in Libya is just 100,000 bpd—down from 1.2 million bpd at the start of the year, just before paramilitary formations affiliated with the Libyan National Army (LNA) of eastern Libyan strongman General Khalifa Haftar occupied Libya's oil export terminals and oilfields.  

Libya's conflict continues, preventing oil production and exports from the African OPEC member. Last week, Haftar's forces rejected the ceasefire announced two days earlier by the UN-backed government of Libya and the east-based rival administration, dismissing the proposal for truce as a "marketing" stunt.

Earlier this week, NOC's Sanalla met with Josep Borrell, the High Representative of the European Union for Foreign Affairs and Security Policy, to discuss the effects of blockades on the Libyan economy.

"NOC chairman also stressed that the ongoing conflict in Libya has nothing to do with the distribution of oil revenues; it is rather a conflict between parties that want to control the wealth of the Libyan people," the company said.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News