Nov 22, 2023. Posted by Balkan Periscope - Hellas
A million barrels of crude oil were exported to China from Tobruk’s Hariga
oil port, in eastern Libya. A source at the port added that the oil tanker, “Delta
Tolmi” docked at the port’s berth on Tuesday, and is now on its way to China.
This loading operation is part of Libya’s ongoing export activities, underlining the country’s role as a key player in the global energy market.
The Hariga Oil Port is strategically important for Libya. The port’s
operations are critical for the economy, which is heavily reliant on oil
exports.
The loading of a million barrels of crude oil is a significant contribution
to Libya’s oil export capacity. Additionally, the port’s efficient handling of
such large-scale operations reflects the country’s capability to manage its oil
resources effectively, despite the political and economic challenges it faces.
This event is particularly noteworthy as it represents the fifth
million-barrel tanker to be serviced at the Hariga Oil Port this month. The
production received from the Mesla and Sarir fields, totalling 206,000 barrels,
further showcases Libya’s substantial contributions to the global oil supply.
Moreover, the Arabian Gulf Oil Company, responsible for these operations,
emphasizes adhering to precautionary measures against the COVID-19 pandemic,
and environmental preservation. These practices demonstrate Libya’s commitment
to sustainable and responsible oil production and exportation.
Notably, Libya’s Minister of Oil and Gas in Libya’s Government of National
Unity (GNU), Mohamed Aoun has recently expressed his hopes that “oil production
will return to 2010 levels.”
Aoun noted that Libya produces about 1.2 million barrels of oil per day.
He expressed his hope to raise production levels, and to return production
to 2010 levels when Libya was producing 1.6 million barrels per day, “within
two or three years.”
Oil-rich Libya plunged into chaos after a NATO-backed uprising toppled and
killed longtime leader Muammar Gaddafi in 2011. In the chaos that followed, the
county split, with the rival administrations backed by rogue militias and
foreign governments. The country’s current political crisis stems from the
failure to hold elections on 24 December 2021.
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Libyan Review