Libya reopened five of its oil terminals Monday after a day-long closure
due to bad weather, sources said Monday, adding that the loadings halt
only resulted in a minor loss of production.
Sources said the oil ports of Brega, Marsa el-Hariga, Bouri, Ras
Lanuf and Es Sider were closed on Sunday, withsome loadings postponed as
a result.
The production impact of the port closures has been very limited as loadings were only affected for a day, according to sources.
The bulk of the oil exported from the ports comes from the Waha fields, where output has recently averaged around 350,000 b/d.
Representatives at state-owned National Oil Corporation declined to comment on current production levels.
Libya's oil production is finally recovering after a prolonged
period of instability following the downfall of the regime of Moammar
Qadhafi in 2011.
Libya's crude output averaged 1.05 million b/d over
January-November, compared with 948,333 b/d in 2018 and 807,500 b/d in
2017, according to the S&P Global Platts OPEC survey.
The Libyan National Army has clashed regularly with forces loyal to
the UN-backed Government of National Accordin Tripoli and other militia
groups in the past seven months.
Despite the conflict, oil output in Libya has been on an upswing and exports have been largely unaffected.
