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KT

Another Libyan Refinery Could Restart 2nd Half of 2018

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Just read that Libya's Ras Lanuf refinery, which can handle 200,000 bpd, could restart in the second half of this year, feeding the glut ... and pushing Libya to closer to its goal of over 1 million bpd. 

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What's the deal with this refinery? Why was it offline?

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It's been offline over a strike and power cuts. This is a JV with the UAE and workers don't want the agreement extended.

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Right, but in the meantime, anything could happen and I expect we'll see things go on and offline as the struggle for control of the country's oil wealth continues. 

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