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Suspension of exports from Sidra port due to insufficient storage places

The National Oil Corporation announced in a statement today, on its official Facebook page, that has stopped exports from the Sidra port, because of its inability to replace the destroyed reservoirs in the past as a result of wars.

Because of the bad weather, it was not possible to connect the cumulative tankers to the port, which forced Waha Oil Company to reduce its production of Sidra port at an average of 50,000 barrels per day, even if the situation continued. This decrease in daily production may reach 105 thousand barrels per day – as stated in the text of the statement -.

Adapted from National Oil Corporation Official Facebook Page

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