Libya's oil and gas minister in the UN-backed Government of National Unity expects oil production to return to "normal" levels of 1.2 million b/d in a week to 10 days as the OPEC member begins pumping crude after lifting of force majeure on exports and oil fields. Political turmoilThree tankers have arrived at oil terminals Es Sider, Zueitina and Ras Lanuf to export crude, NOC said in a July 20 statement. Another tanker arrived at Zueitina oil terminal and is expected to load 1 million barrels of Abu Attifel crude July 21, NOC said. Libya's eastern Gulf of Sirte includes four main oil export terminals with a total capacity of 630,000 b/d -- Es Sider at 250,000 b/d, Ras Lanuf 200,000 b/d, Brega 90,000 b/d and Zueitina 90,000 b/d. Libya holds the largest crude reserves in Africa and exports mainly light-sweet crude grades, such as Brega, Es Sider and Sharara.

Source: Libya Today July 21, 2022 17:35 UTC