HOT PORT NEWS from GAC | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Libya’s state-owned National Oil Corporation is on the verge of declaring force majeure on oil exports from its key eastern oil terminals as the country’s political crisis is now affecting a large chunk of the country’s oil supply. “We are considering declaring a state of force majeure within the next 72 hours unless production and .
Oil workers threaten to shut down at the end of February an oil export terminal in eastern Libya, which typically ships out nearly 200,000 barrels per day
Libyan oil output was back to a one-month high of just under 1.20 million b/d, after weeks of sliding output, sources close to the matter said. But with Libya’s political stability still hanging in the balance due to delayed elections, analysts expect the North African oil producer to suffer more supply disruptions and oil blockades. .
Just resigned Libyan deputy oil minister says foreign support critical to reviving output hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.