Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-12-15 18:55:00

LIBYAN OIL WILL UP

LIBYAN OIL WILL UP

WSJ - Operations have restarted at two key oil fields and a connected pipeline in Western Libya that have been shut down for over two years, Libyan officials said, following an agreement with local tribes.

A pipeline that can transport over 400,000 barrels a day of oil from two connected fields has partly reopened, the officials said. If successful, the pipeline's reopening could bring back more than 200,000 barrels a day of oil within days, one of the officials said.

The potential return to the market of hundreds of thousands of barrels of Libyan crude comes just as oil prices have rallied on the promise of production cuts by members of the Organization of the Petroleum Exporting Countries and other major producers.

An increase in Libyan output of 400,000 barrels a day would almost completely make up for the barrels that Saudi Arabia agreed to cut as part of OPEC's historic Nov. 30 deal aimed at countering a supply glut that has depressed prices.

Libya, which has been seeking to restore production levels, was exempt from that agreement and is allowed to ramp up its production while other OPEC members have agreed to cut.

But previous attempts to restart oil operations have frequently aborted in Libya's restive provinces, casting some doubt on whether this latest deal will result in a significant rise in output.

An agreement was reached between the internationally-recognized authorities in Tripoli and local tribes who have been seeking more jobs from the government related to the oil industry. The pipeline's shutdown as a result of the dispute contributed to Libya's ongoing struggle to get its oil industry back on its feet.

One of the fields has restarted pumping, the officials said, and one official said the producing field was el-Feel, which is partly owned by Italy's Eni SpA.

A spokesman for ENI declined to comment.

Production is being closely watched around the world after the Organization of the Petroleum Exporting Countries agreed Nov. 30 to output cuts.

-----

Earlier: 

OPEC WILL CUT 1.2 MBD 

LIBYA WON'T CUT 

LIBYA CAN INCREASE 

OIL PRICES: REDUCING THE ODDS 

LIBYA RISES PRODUCTION

 

 

Tags: LIBYA, OIL, PRODUCTION, OPEC
LIBYAN OIL WILL UP October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

LIBYAN OIL WILL UP October, 15, 12:25:00

BAD BOYS: IMF & WBG

LIBYAN OIL WILL UP October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

LIBYAN OIL WILL UP October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

LIBYAN OIL WILL UP October, 15, 12:10:00

IRAN SANCTIONS DOWN

LIBYAN OIL WILL UP October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

All Publications »

Chronicle:

LIBYAN OIL WILL UP
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

LIBYAN OIL WILL UP
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

LIBYAN OIL WILL UP
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

LIBYAN OIL WILL UP
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

All Publications »