Egypt
Egypt turns to Qatar for LNG as gas production slips
Egypt and Qatar have signed a memorandum of understanding to strengthen cooperation in liquefied natural gas (LNG) sales and imports, Egypt’s petroleum ministry said on Sunday.
The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a standoff between rival political factions shuts most of the country's oilfields.
Exports from Hariga stopped following the near-total shutdown of the Sarir oilfield, the port's main supplier, the engineers said © Mena Today
The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a standoff between rival political factions shuts most of the country's oilfields.
This week's flare-up in a dispute over control of the central bank threatens a new bout of instability in the North African country, a major oil producer that is split between eastern and western factions.
The eastern-based administration, which controls oilfields that account for almost all the country's production, are demanding western authorities back down over the replacement of the central bank governor - a key position in a state where control over oil revenue is the biggest prize for all factions.
Exports from Hariga stopped following the near-total shutdown of the Sarir oilfield, the port's main supplier, the engineers said.
Sarir normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total.
Libya's National Oil Corporation NOC, which controls the country's oil resources, said on Friday the recent oilfield closures have caused the loss of approximately 63% of total oil production.
Reporting by Ayman al-Warfalli
Egypt and Qatar have signed a memorandum of understanding to strengthen cooperation in liquefied natural gas (LNG) sales and imports, Egypt’s petroleum ministry said on Sunday.
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Egypt’s Minister of Foreign Affairs, Badr Abdelatty, took part in the ministerial session of the African Union Peace and Security Council held via videoconference to address the evolving situation in Eastern Democratic Republic of Congo (DRC).
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