6882
Force Majeure on Oil Ports
Energy

Force Majeure on Oil Ports

Libya’s National Oil Corp. declared force majeure on the oil ports of Es Sider and Ras Lanuf, and is taking measures to halt output at some oil fields because of armed clashes in the politically-divided North African country. Es Sider and Ras Lanuf are Libya’s largest and third-largest oil ports with a combined capacity of 560,000 barrels a day, Bloomberg reported.

 

Short URL : http://goo.gl/Yby2Kj

You can also read ...

India Will Lead International Oil Demand by 2035
Oil market participants and analysts have been closely...
679 tons of carbon dioxide will be prevented from entering the atmosphere during the project’s 20-year lifetime.
Solar power is becoming an increasingly important part of the...
Oil Markets Split
Oil markets were split on Tuesday, with US crude still...
Oil Producers to Mull  Long-Term Cooperation
OPEC and non-OPEC oil producers, including Russia, will...

Trending

Googleplus