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Libya To Ramp Up Crude Oil Exports In May

OIL

Libya is planning to export 1.06mbpd of crude oil in May, up from 993kbpd planned for April according to the initial loading program.

  • In total Libya plans to export 33mn barrels next month, compared with 29.78mn barrels this month.
  • Es Sider exports will be 8.8m 28kbpd next month, up from 273kbpd in April.
  • Libyan crude oil output has reached 1.2mbpd according to Libya’s National Oil Corporation. March output averaged 1.161mbpd according to OPEC’s Monthly Oil Market Report.

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