Libyan Oil Exports Depend on Rebels Securing Sarir, Agoco Says
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The resumption of crude oil exports from Libya depends on rebel forces securing Sarir, the North African nation’s largest oil field, Arabian Gulf Oil Co. said.
The last oil tanker carrying Libyan crude sailed on April 6 from the rebel-controlled port of Tobruk, which is supplied by Sarir and the neighboring Messla field, both operated by Arabian Gulf Oil. Agoco, as the company is known, split from its parent company, Tripoli-based National Oil Corp., a few days after uprisings broke out in Libya.