Crude oil exports from Libya hit by port blockade

Most terminals in Libya remain closed, according to vessel-tracking data, but three shipments of crude have sailed from Libyan ports since January 18th. Two aframax tankers, Rava, and Energy Triumph departed from Zawia and Tobruk ports respectively, reported Lloyd’s List. A third tanker, the Santa Cruz I left the Mellitah terminal on January 23rd. A further 12 tankers were now waiting at anchor at the country’s eight ports. Five were waiting at Es Sider, the country’s largest exporting terminal.

Libyan exports have been halted for a second consecutive week, with eastern military commander General Haftar Khalifa maintaining a blockade on ports under his control.

Approaching 1m bpd have been removed from the market. About 45 aframax and suezmax tankers shipped crude from Libya in December and 39 in November.

Libya’s National Oil Company declared force majeure on January 18th at MarsaBrega, Ras Lanuf, Marsa el Hariga (Tobruk), and Sidra (Es Sider) ports which were said to be closed. It said that lost crude production would be 800,000 bpd, worth $55m a day.