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Libya's al-Sedr oil port resumes operations: official

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posted on Jan, 2 2012 @ 07:09 PM
Libya's al-Sedr oil port is shipping 600,000 barrels to an undisclosed location in Europe. The filling of the first shipment started yestarday. In the event of an embargo or conflict with Iran, this may help to off - set the shortage and allow Gulf Arab States to potentially fill the demand.


"The filling of the first shipment started today (Sunday). This is very important given the limited capabilities. Export out of al-Sedr Oil Terminal will resume and will be according to demand."

The official said a 600,000-barrel tanker would leave Ras Lanuf's al-Sedr port for a European country, without identifying it.

Interim Oil Minister Abdulrahman Ben Yazza said last month that Libya's oil output had hit 1 million barrels per day (bpd). Ben Yazza also said production would reach 1.3 million bpd by the first quarter and 1.5 million bpd by the second half of 2012.

edit on 2-1-2012 by Daedal because: Edit

posted on Jan, 8 2012 @ 11:19 AM
reply to post by Daedal

It is the old colonist still living through colonialism.

I am happy we ended up relations with UK.

related thread : Spend 1 Billion on Bombing Libya and earn contracts worth 300 Billion for reconstruction (VIDEO)

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