Free Trial

Libya to Export 860kbpd of Crude, Condensate in January


Libyan crude and condensate exports are expected to decline to 860kbpd in January, revised down by 190kbpd, due to the shutdown of the Sharara oil field earlier this month, Kpler said.

  • Lower exports this month are primarily expected to affect European Med shipments, Kpler said.
  • Kpler forecasts Libyan crude and condensate shipments to hover within the 1.15-1.18mbpd range in 2024.
  • Libya’s oil production has rebounded to 1.2mbpd, after the restart of the 300kbpd Sharara oil field, the country’s oil minister Mohamed Oun told Bloomberg on Monday.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.