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Oil exports from Marsa al Brega resumed

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Staff writer ▼ | August 26, 2013
Marsa al BregaOil exports from the Libyan port of Marsa al Brega have resumed, said the deputy oil minister Omar Shakmak.


"A few tankers have left the port after we lifted the force majeure on August 22. The port is now operating as normal and at full capacity," Mr. Shakmak told Dow Jones Newswires.

Brega, with a capacity of around 90,000 barrels a day, is one of the four ports affected by the force majeure, declared after protests caused the facilities to be shut at the end of July, as workers demanded the payment of wages, as well as higher salaries or more jobs. However, officials said the situation was more precarious, with armed guards trying to sell oil without government approval.

The strikes in eastern and central Libyan ports had effectively shut down shipments from terminals there, which account for more than half of Libya's $60 billion of oil exports annually. Es Sider, the largest of Libya's oil terminals with a 350,000 barrel-a-day capacity, as well as Ras Lanuf and Zueitina in eastern Libya remain closed.

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