NOC confirms that a number of crude oil terminals in the country are closed due to persistent bad weather, with loading schedules currently postponed. Ras Lanuf, Zueitina, Zawiya and Es Sider terminals are all non-operational, and due to high waves, Brega terminal might have to halt operations as of this afternoon.
Production has already decreased by 150,000 bpd, and is likely to reduce by an additional 50,000 bpd due to a lack of additional storage capacity. Projections based on the new production level indicate that Es Sider tanks will be full within two days. Should bad weather persist, 150,000 barrels of Sharara production could also be affected.
30 November 2018