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OIL: Libya Crude Oil Loading Plan Revised Higher to 888k b/d for Oct

OIL
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Libyan crude oil lifting schedule for October has been revised higher to 27.52m bbl or 888k b/d, according to a loading programme seen by Bloomberg.

  • Libyan crude oil and condensate output recovered to about 1.3m b/d last week, following the easing of the nation’s power struggle that had curbed production and exports.
  • Sharara crude exports are expected to return after Libya’s NOC declared a force majeure Aug. 7.
  • Four cargoes totalling 2.52m bbl, or 81k b/d of Sharara crude is planned to be shipped from Zawiya port in H2 October.
Source: Bloomberg
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Libyan crude oil lifting schedule for October has been revised higher to 27.52m bbl or 888k b/d, according to a loading programme seen by Bloomberg.

  • Libyan crude oil and condensate output recovered to about 1.3m b/d last week, following the easing of the nation’s power struggle that had curbed production and exports.
  • Sharara crude exports are expected to return after Libya’s NOC declared a force majeure Aug. 7.
  • Four cargoes totalling 2.52m bbl, or 81k b/d of Sharara crude is planned to be shipped from Zawiya port in H2 October.
Source: Bloomberg