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Fires Spread to Five Crude Tanks at Libya’s Oil Terminal – Bloomberg
Fires Spread to Five Crude Tanks at Libya’s Oil Terminal – Bloomberg.
Libyan storage tanks capable of storing 6.2 million barrels of oil, or four times the country’s daily oil production capacity, are at risk of catching fire with southerly winds threatening to spread the blaze.
Five tanks are on fire at the Es Sider port, Libya’s largest oil terminal, Ali al-Hasy, a spokesman for the Petroleum Facilities Guard, said by phone. The wind is strong enough that the blazes may spread, he said. Es Sider tanks have capacity to hold 6.2 million barrels, according to Mohamed Elharari, a spokesman for Libya’s National Oil Co.
“It is a disaster threatening the lives of thousands of people,” Libya’s Ministry of Oil & Gas said on its website. “The fire smoke covers the city’s residential area in Ras Lanuf.” International assistance is being sought because the fires may lead to environmental damages in the Mediterranean Sea, al-Hasy said.
Libya Oil Output Drops as Fighting Spreads to Third Oil Port – Bloomberg
Libya Oil Output Drops as Fighting Spreads to Third Oil Port – Bloomberg.
Libya’s oil output fell below its own consumption as fighting spread to Mellitah, a region that hosts the country’s fourth largest oil port.
National Oil Corp. already this month declared force majeure at two export terminals, Es Sider and Ras Lanuf, after an attempt by Islamist militias to capture them. Force majeure is a legal status that protects a company from liability when it can’t fulfill a contract for reasons beyond its control.
National Oil yesterday reported clashes in the Mellitah area, Libya’s westernmost oil port, without indicating whether loadings were stopped. Sitting on Africa’s largest oil reserves, the North African country produced about 1.6 million barrels a day before the 2011 rebellion that ended Muammar Qaddafi’s 42-year rule.
“National Oil Corp. is following with deep concern the events that happened over past two days in the region of Mellitah and their implications for the oil and gas complex,” the NOC said in a statement on its website yesterday. It also said it’s unable to fulfill natural gas exports contracts to Italy.
The U.S. Energy Information Administration estimates Libya’s consumption was 239,000 barrels of oil a day in 2013. The last estimate of the country’s production, on Dec. 15, was 350,000 barrels a day, according to two people with direct knowledge of upstream operations.
Libya’s official government targets rival forces trying to seize ports | Reuters
Libya’s official government targets rival forces trying to seize ports | Reuters.
(Reuters) – Military planes loyal to Libya’s recognized government attacked on Sunday an opposing force that is seeking to seize the country’s two biggest oil ports, officials said.
The advancing force, which is allied to a rival government based in Tripoli, moved east a week ago to try take the Es Sider and Ras Lanuf ports. The adjacent terminals have since closed, halting exports of an estimated 300,000 barrels a day of oil.
The recognized government of Prime Minister Abdullah al-Thinni was forced to relocate to the east after losing control of Tripoli in August to a group called Libya Dawn, which installed a new administration in the capital city.
On Sunday, pro-Thinni forces sent aircraft to bomb the advancing fighters some 40 km (25 miles) west of Es Sider and also inside Sirte, a large city further along the coast, said a military spokesman in Es Sider.
