By Sami Zaptia.
London, 18 September 2019:
Libya’s National Oil Corporation (NOC) reported yesterday that its subsidiary, Harouge Oil Company, has replaced Ras Lanuf storage tank no. 7.
The storage tank has a capacity of 500,000 barrels of crude oil, which the NOC said brings the port’s storage capacity to its highest level since 2016.
It added that this extra storage capacity will help prevent forced oil field shutdowns, especially during winter weather which can disrupt port operations.
The NOC also reported that Harouge is also preparing to construct and replace storage tanks no. 4 and no. 12, which were also damaged during the fighting of 2016.
The completion of these two tanks will further increase the tank farm capacity at Ras Lanuf.