Libya - 05

Libya: Zueitina and Ras Lanuf: Poor Prospects for a Spring Reopening

The potential reopening of the Zueitina and Ras Lanuf terminals would unlock much of the trapped Sirte Basin production in Libya. Some National Oil Corporation (NOC) statements have hinted at the possible reopening of one or both terminals by the end of Q1 2016. In our view, however, this timeline will be much longer, as political and security conditions complicate the prospective reopening of the closed terminals.

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