Libya announces first LPG export since revolutions
The Libyan National Oil Company, NOC said Monday that its subsidiary, the Sirte Oil Company had shipped its first LPG cargo from the Brega terminal after resuming production that had been halted since the start of the Libyan rebellion in February 2011.
NOC said in a statement posted on its website that the Sirte Oil Company had produced more than 34,000 barrels of LPG since resuming production on December 31 and exported one cargo of 19,5000 barrels.
Libyan oil production was all but completely halted shortly after the start of the rebellion against former dictator Muammar Gaddafi in 2011.
Oil output, which averaged 1.6 million-1.7 million b/d (barrels a day) before the crisis, has returned to near normal levels but gas production has not been restored to full capacity.
The Sirte Oil Company, is involved in oil and gas production as well as refining and petrochemicals production.