First oil sails from Libya’s Ras Lanuf since end of blockade

A view of Es Sider export terminal in Ras Lanuf. An oil tanker carrying 670,000 barrels of crude has left Libya’s Ras Lanuf oil terminal, the first shipment since the port was reopened following a year of blockades by armed protesters, a spokesman for state-run National Oil Corp said. The tanker carrying Sirtica crude left the Libyan port on Tuesday evening, the spokesman said. The shipment was a positive development for Libya’s fragile central government, which is struggling to contain fighting between rival armed factions who have clashed with rockets and artillery for a month in Tripoli. Until April, federalist rebels demanding more autonomy for their eastern region were holding four out of five eastern oil ports, cutting off over half of Libya’s export capacity of 1.25mn bpd, and hitting production in the North African Opec member. The government managed to strike a deal to free up the ports, but technical problems have delayed the full restart of shipments. The NOC says current national production is around 450,000 bpd.