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Oil production

Libya's NOC wary of broken promises in oil ports deal

A truck drives as smokes rises following a fire in an oil storage tank at the port of Es Sider, in Ras Lanuf, Libya, January 23, 2016. PHOTO BY REUTERS/Stringer
A truck drives as smokes rises following a fire in an oil storage tank at the port of Es Sider, in Ras Lanuf, Libya, January 23, 2016. PHOTO BY REUTERS/Stringer
By Rania El Gamal
03/08/2016

DUBAI (Reuters) - Libya's National Oil Corporation, which hopes to more than quadruple the country's oil output by the end of this year, remains wary that promises to reopen blockaded ports could be broken, the NOC chief in Tripoli told Reuters on Tuesday.

Libya oil exports threatened as NOC warns against port deal

Mustafa Sanalla, the head of the National Oil Corporation (NOC), speaks during an interview with Reuters at the headquarters of the NOC in Tripoli, Libya, February 22, 2016. PHOTO BY REUTERS/Ismail Zitouny
Mustafa Sanalla, the head of the National Oil Corporation (NOC), speaks during an interview with Reuters at the headquarters of the NOC in Tripoli, Libya, February 22, 2016. PHOTO BY REUTERS/Ismail Zitouny
By Ahmad Ghaddar, Libby George and Aidan Lewis
24/07/2016

LONDON/TUNIS (Reuters) - Libya's hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation (NOC) objected to a deal between the government and local guards to reopen key ports.

Libyan oil output shrinks more as oil tanks blaze

Firefighters work to put out the fire of a storage oil tank at the port of Es Sider in Ras Lanuf, December 29, 2014. PHOTO BY REUTERS/Stringer
By Ayman al-Warfalli
30/12/2014

BENGHAZI, Libya (Reuters) - Libya's oil output has shrunk further after blazing oil tanks at a major terminal helped push world oil prices higher and put a strain on the country's dollar currency reserves.

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