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Libya’s Biggest Oil Port, Field Said Poised to Reopen This Week

Libya is preparing this week to reopen two of its biggest oil fields and ship the first cargo from its largest export terminal in two years, as the war-torn OPEC state pursues plans to almost double crude output in 2017. Repsol SA-operated Sharara, Libya’s largest oil field, and the El Feel, or Elephant, deposit run by Eni SpA will soon start pumping crude to the Zawiya refinery and the Mellitah energy complex after pipelines reopened Wednesday, Mansur Abdullah, manager of the refinery’s oil movement, said by phone. The two western fields have been closed for more than a year and a half and have a combined output capacity of more than 450,000 barrels a day. The tanker Seamusic is scheduled to arrive at the port of Es Sider on Friday to take on the first crude for overseas shipment from the terminal since 2014, Adnan Omran, general manager of Al Omran International Maritime Agencies, said by phone. The vessel will load 630,000 barrels of Es Sider crude, he said. The destination of the cargo is not yet confirmed and it’s unclear if the port will continue to export.