No Result
View All Result
Tuesday, August 5, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

NOC refuses to confirm or deny reports of Ras Lanuf restart

byGeorge Grant
August 15, 2012
Reading Time: 1 min read
A A

Tripoli, 15 August:

The National Oil Company (NOC) is refusing to confirm reports that the Ras Lanuf oil refinery will resume operations . . .[restrict]at the end of this month, casting doubt on the certainty of the claims.

Yesterday, an unnamed senior NOC official was quoted by Reuters as saying that the refinery would be restarted no-later than 28 August.

“I cannot confirm or deny anything because I have no information about this”, a NOC spokesman told the Libya Herald this afternoon.

Repeated announcements have been made regarding the reopening of the refinery at Ras Lanuf, dating back as far as last December, only to be rescinded subsequently.

RELATED POSTS

Libya and Austria discuss possibility of holding economic forum

Turkish trade delegation to visit Libya this April

It is understood that delays have not been the result of technical deficiencies at Ras Lanuf but rather disputes between the NOC and its UAE-based partner, Trasta Energy, who jointly operate the plant.

However, this latest announcement appears to have been given added credibility by concrete preparations now said to be taking place at the plant.

It is understood that oil products already held in tanks at the refinery have been sold to make room for fresh output.

“They have sold products in stocks specifically to empty the tanks,” a trading manager working with the NOC told Reuters.

Ras Lanuf is the largest of Libya’s five oil refineries and the only one that has yet to resume operations since the end of last year’s revolution.

It has a processing capacity of 220,000 oil barrels per day (bpd), representing around 58 per cent of the country’s 380,000-bpd total, making it a significant contributor both to the Libyan economy and regional markets. [/restrict]

Tags: BusinessoilRas Lanuf

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Aldabaiba hails new instant salary payment system for controlling waste in the state-sector section of the budget

August 4, 2025
CBL receives results from meetings with international banks
Business

CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa

August 4, 2025
LAIP delegation visits Maputo, Mozambique to recover seized rice project
Business

LAIP to focus on several internal investment projects – to improve quality of life and local development

August 1, 2025
Tripoli Libyan government’s official tendering and procurement website ‘‘Attaat’’ is operational
Business

Tripoli Libyan government’s official tendering and procurement website ‘‘Attaat’’ is operational

August 1, 2025
CBL receives results from meetings with international banks
Business

CBL introduces the state sector Instant Salary Payment System

August 1, 2025
Libya and Shell discuss several areas of cooperation
Business

Minister of Oil and Gas discusses with Japanese Ambassador strengthening cooperation and attracting Japanese companies to Libya’s energy sector

July 31, 2025
Next Post
Man from Sudanese rebel group killed in gun-battle over hijacked vehicle in Kufra

Man from Sudanese rebel group killed in gun-battle over hijacked vehicle in Kufra

President of Benghazi Local Council resigns over “unworkable” conditions; aims fire at Tripoli

ADVERTISEMENT

Top Stories

  • Tripoli Defence Minister Namroush takes steps to secure Tripoli after Bashagha alleged assassination attempt

    Tripoli Defence Ministry warns of unspecified precision air strikes against human smugglers and drug traffickers

    0 shares
    Share 0 Tweet 0
  • Khoms port discusses development with Turkish company Orbitel

    0 shares
    Share 0 Tweet 0
  • Minister of Oil and Gas discusses with Japanese Ambassador strengthening cooperation and attracting Japanese companies to Libya’s energy sector

    0 shares
    Share 0 Tweet 0
  • LAIP to focus on several internal investment projects – to improve quality of life and local development

    0 shares
    Share 0 Tweet 0
  • Aldabaiba reviews national house-building programme – with CBL financing initiative

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Aldabaiba hails new instant salary payment system for controlling waste in the state-sector section of the budget

CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.