Libyan protests
On 29th November it was reported that protesters outside western Libya’s Zawiya refinery could cause a shutdown in operations at the plant. A disruption in output would cause a shortage of refined products, including petrol, to the country’s capital Tripoli. The protests are in progress due to wounded war veterans demanding that the Libyan government compensate them.
On 30th November it was reported that the 120 000 bpd facility had shutdown. This is the second time that operations at the plant have been disrupted this month.
French refinery purchase
Earlier this week it was reported that the Libyan Investment Authority had withdrawn its bid for the French Petit-Couronne refinery. However, since then it has been confirmed that the Libyan company have not withdrawn the bid. The refinery in question is in a race against time to find a new owner as the oil reprocessing deal currently in place with shell is due to end in mid December.
Edited from various sources by Claira Lloyd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/05122012/refinery_news_libya/
