The goods to be supplied under the present contract shall be crude oil in conformity with the specification as above which is an integral part of this contract. Seller and Supplier responsibility with regards to the quality of the goods delivered is limited to the above mentioned specifications. Crude Oil Production in Libya averaged 1334.55 BBL/D/1K from 1973 until 2020, reaching an all time high of 2370 BBL/D/1K in October of 1973 and a record low of 7 BBL/D/1K in August of 2011. This page provides the latest reported value for - Libya Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Libya’s Crude Oil: Production was reported at 146.000 Barrel/Day th in Feb 2020. This records a decrease from the previous number of 793.000 Barrel/Day th for Jan 2020. Libya’s Crude Oil: Production data is updated monthly, averaging 1,395.500 Barrel/Day th from Jan 2002 to Feb 2020, with 218 observations. The data reached an all-time high of 1,752.000 Barrel/Day th in Mar 2008 and a Type & specification of crude oil Brega Crude Oil Density @ 15˚C g/ml 0.8131 IP 365/D4052 Specific Gravity @ 60˚ F 0.8135 Calculation API Gravity @ 60˚ F 42.44 Calculation Characterization Factor 12.2 Calculation Total Sulphur % wt. 0.22 IP 336/D4294 Mercaptan Sulphur ppm wt. 44 IP 342Mod/D3227Mod Total Nitrogen % wt. 0.09 IP Libya also produces an estimated 50,000 b/d to 100,000 b/d of non-crude oil liquids, which include condensate and natural gas plants liquids. These non-crude oil liquids typically come from the Mellitah
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28 Jan 2020 Blockades of Libya's export terminals risk cutting off virtually all of the OPEC member's 1.2 million barrels per day in crude oil exports, warned 22 Jan 2020 WTI crude oil futures were down nearly 1% in early trading, slightly trailing Unless oil facilities return to operation quickly, OPEC member Libya's crude The API and EIA inventory reports are delayed a day because of Crude Oil Test Sales: The SPR has also conducted Test Sales to ensure the of 60 million barrels in response to crude oil supply disruptions in Libya and other Of the 30 million barrels offered for sale, 14 offers requesting 19.2 million After decades of decline, crude oil production in the United States has recently been or national fuel specifications, for which the domestic market is constrained by An example occurred in 2011 during the Arab Spring, when Libyan oil the oil. Light crude oil has an API gravity higher than. 31°API, medium crude Libya. 26. 6. Australia. 18. 7. Venezuela. 13. 8. Mexico. 13. 9. Pakistan. 9. 10. Oil Market Report - February 2020 - Analysis and key findings. instruments · Fiscal/financial incentives · Codes and standards · Information and education A blockade in Libya slashed production and the UAE saw output fall by 0.3 mb/d. Short-term floating storage of crude oil built 7.7 mb in January to 76.2 mb, most of
Although Libyan oil production before the uprising comprised just 2% of global output, it is prized because it is of the light sweet crude variety - it contains less sulfur than most other oil and
The National Oil Corporation (NOC; Arabic: المؤسسة الوطنية للنفط ) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output. The three most quoted oil products are North America 's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries.
LIST OF CRUDE OILS. (Crude Name Alphabets Order). CRUDE NAME Libya. 9. ARABIAN HEAVY (SAFANIYAH). Saudi Arabia. 10. ARABIAN LIGHT.
28 Jan 2020 Blockades of Libya's export terminals risk cutting off virtually all of the OPEC member's 1.2 million barrels per day in crude oil exports, warned 22 Jan 2020 WTI crude oil futures were down nearly 1% in early trading, slightly trailing Unless oil facilities return to operation quickly, OPEC member Libya's crude The API and EIA inventory reports are delayed a day because of Crude Oil Test Sales: The SPR has also conducted Test Sales to ensure the of 60 million barrels in response to crude oil supply disruptions in Libya and other Of the 30 million barrels offered for sale, 14 offers requesting 19.2 million After decades of decline, crude oil production in the United States has recently been or national fuel specifications, for which the domestic market is constrained by An example occurred in 2011 during the Arab Spring, when Libyan oil the oil. Light crude oil has an API gravity higher than. 31°API, medium crude Libya. 26. 6. Australia. 18. 7. Venezuela. 13. 8. Mexico. 13. 9. Pakistan. 9. 10. Oil Market Report - February 2020 - Analysis and key findings. instruments · Fiscal/financial incentives · Codes and standards · Information and education A blockade in Libya slashed production and the UAE saw output fall by 0.3 mb/d. Short-term floating storage of crude oil built 7.7 mb in January to 76.2 mb, most of 22 Jan 2020 According to a Reuters poll, US crude oil inventories are likely to have Investors are yet to receive API report today, while EIA report is due tomorrow. will counter concerns around supply disruptions in Libya, Iran and Iraq,
22 Jan 2020 Geopolitical tensions in Libya and Iraq pushed oil prices and gold higher and Forecast: WTI trades in red near $58 ahead of weekly API data.
Type & specification of crude oil Sarir Crude Oil Density @ 15˚C g/ml 0.8370 IP 365/D4052 Specific Gravity @ 60˚ F 0.8374 Calculation API Gravity @ 60˚ F 37.48 Calculation Characterization Factor 12.5 Calculation Total Sulphur % wt. 0.17 IP 336/D4294 Mercaptan Sulphur ppm wt. 8 IP 342Mod/D3227Mod Total Nitrogen % wt. 0.10 IP Libya's top-quality oil is known as "sweet crude oil" (low in sulphur), while the lower and sulphur-high oil is referred to as "sour crude oil". Low-sulphur oil is easier to refine into petroleum products and therefore commands higher prices than low-quality oil, and is more attractive to foreign investors. Libya has the largest proven reserves of oil in Africa, and has been a key supplier of light, sweet crude to Europe. Around 1970 it produced more than 3 million bpd, and before the NATO-backed uprising in which Muammar Gaddafi was toppled and killed seven years ago, it was pumping more than 1.6 million bpd. LIST OF CRUDE OILS (C rude Name Alphabets Order) CRUDE NAME STATE /COUNTRY PAGE ABOUZAR (ARDESHIR) Iran 1. ABU AL BUKHOOSH Abu Dhabi (U.A.E.) 2. AGBARA Nigeria 3. AL AMAL Egypt 4. ALAMEIN Egypt 5. ALASKA NORTH SLOPE USA (Alaska) 6. ALBA (NORTH SEA) United Kingdom 7.