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Libya's two main oil ports down due to strike action

London, July 29, 2013

Operations at Libya's two main crude oil export terminals, Es Sider and Ras Lanuf, have halted due to strike action, shipping and trading sources said on Monday.

"Port strike, workers not been paid," one of the sources said.

The strike started over the weekend, with one source specifying Sunday.

Libya's state oil company has been struggling to maintain output near its normal rate of around 1.6 million bpd as worker protests and armed militias frequently block installations.

Ras Lanuf is a large complex in eastern Libya that includes the North African country's biggest refinery and a separate port. Es Sider exports the main light sweet Es Sider grade produced by the Waha consortium, which has a capacity of around 350,000 barrels per day.

Operations at the two ports were previously stopped at the beginning of July when security guards blocked the entrance over pay, but they reopened several days later.

In western Libya, the 130,000 bpd El Feel field also has been out since end-May, and flows from the smaller Al-Wafa field, used together to create the Mellitah crude blend with El Feel, have been stopped by a Libyan minority group over the weekend.

The Zueitina port has been out since July 17 after armed protesters stopped operations. - Reuters




Tags: Oil | libya | strike | port | halt | Terminals |

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