Related Articles
Forward article link
Share PDF with colleagues

As Libya’s crude output rises, so do oil workers’ expectations

Talk to Libyan oilmen and their message is as optimistic as it is clear: they’re bringing their sector back on stream quickly and are ready to supply the West with its light sweet crude. They’re not wrong

WITH little fanfare, a tanker carrying 381,000 barrels of oil left Hariga, a port next to the eastern town of Tobruk, for southern Europe on 25 September. Its final destination was ConocoPhillips’s Miro refinery, in Germany. The cargo’s departure didn’t prompt celebratory gunfire in Tripoli, but it was a milestone for the revolution, marking a free Libya’s entry into the global crude market. It also sets the clock ticking on how post-Qadhafi Libya will reorganise an oil sector that was riddled with corruption. As export money begins to pour in, long-suffering oil workers, foreign investors and Libya’s newly empowered citizens want to know that their energy industry – which accounts for half

Also in this section
Tech firms ride North Sea revival
14 August 2018
Rising technology firms are offering innovations that meet the efficiency needs of North Sea operators
UK industry looks to tech collaborations
14 August 2018
An Aberdeen-based group is encouraging tech-based solutions to maximise recovery from the UK continental shelf
OMV provides faint light in Yemen gloom
13 August 2018
Austria's OMV, the first IOC to return to Yemen since the war started, has resumed limited exports