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Consequently, Libyan crude output has dropped Shikoku, another tanker chartered by Unipec.
to less than 120,000 bpd. They also indicated that the Zueitina terminal
With the accord in place, NOC was able to was on track to dispatch a third cargo later in
lift its declaration of force majeure on two ports the week.
that were deemed “safe” – that is, free of foreign These developments are good news for the
militias – on September 19. Brega and Marsa El Libyan oil industry. Nevertheless, the North
Hariga were the first terminals to re-open, and African state is not likely to see crude output rise
Zueitina followed suit on September 22. to previous levels quickly. A number of major
Around the same time, S&P Global Platts terminals remain offline, and the country’s oil
quoted anonymous sources as saying that infrastructure networks sustained damage
some of the country’s oilfields were resuming during the fighting between various factions. If
production. The sources reported that Sharara these situations are addressed, Goldman Sachs
had come back on stream on September 20 and analysts say, Libya might see output climb back
that oil had begun flowing through the pipeline to 550,000 bpd by the end of 2020. ™
connecting the site to the Zawiya terminal at the
rate of 50,000 bpd on September 21. They also
said that another major oilfield, El Feel, was due
to restart on September 21 and added that the
Zawiya refinery would be able to re-open in the
near future.
Marsa El Hariga was the first to resume oil
exports. The Delta Hellas, a Suezmax-size tanker
chartered by Unipec (China), reportedly left the
terminal after loading up with 1mn barrels of
crude oil from the Sarir and Mesla fields, oper-
ated by NOC’s Arabian Gulf Oil Co. subsidiary,
on September 25.
Sources told Platts earlier this week that
workers at the terminal were busy loading
another 1mn barrel cargo on to the Marlin The Delta Hellas loaded 1mn bbl of oil at Marsa El Hariga (Photo: ShipSpotting.com)

NNPC compares gas flaring

volumes to domestic distribution

NIGERIA NIGERIAN National Petroleum Corp. (NNPC) ending all associated gas flaring by the end of
revealed last week that it had burned off more next year.
associated gas than it supplied to domestic Speaking during an online conference, Sylva
industrial consumers in the 12-month period said Nigeria’s natural and associated gas reserves
ending in July 2020. amounted to 200.79 trillion cubic feet (5.686
In a monthly report, state-owned NNPC said trillion cubic metres) as of January 1, 2019, with
it had flared 600.38mn cubic feet (17mn cubic associated gas accounting for slightly more than
metres) per day of gas on average during the half of the total. This is enough to cover con-
period in question. During the same interval, sumption at current rates for 92 years, he noted.
though, it delivered only 490.21 mmcf (13.88
mcm) per day of gas to industrial users.
By contrast, deliveries to domestic pow-
er-generating companies exceeded the volume
of gas flared, the report noted. NNPC sent
680.05 mmcf (19.26 mcm) per day of gas on
average to the operators of thermal power plants
(TPPs), it said. These volumes were enough to
support 2,617 MW of generating capacity, it
added.

Government pledges
The company’s report was published around the
same time that Timipre Sylva, Nigeria’s Minister
of State for Petroleum Resources, declared that
the federal government remained committed to Nigeria aims to eliminate gas flaring by the end of next year (Photo: Premium Times)

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