Libyan Oil Exports Resume After Force Majeure

News: Oil exports have resumed from the Libyan port of Marsa al Brega after the lifting of a force majeure, World Oil reports. Stevedores protesting against unpaid wages had blockaded a key terminal, preventing tankers from the leaving the facility and leaving port authorities with no choice but to invoke the force majeure. The port has a handling capacity of 90,000 barrels of oil per day, while Libya exports US$60bn of oil annually.

This article is tagged to:
Sector: Oil & Gas
Geography: Libya

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