The group that declared Libya’s eastern region semi-autonomous and is blocking ports handling more than half the country’s oil exports says it wants 15 percent of the revenue from national crude sales.
Hariga, the biggest oil terminal in east Libya run by the central government, can’t export because gunmen nearby pose a threat to tankers, the port’s inspection and measurement coordinator said. Curbs on the sales helped lift crude prices to a six-month high last year.
Rebels in east Libya, who last year declared the region semi autonomous, said oil companies are eager to buy their crude and offered to protect tankers after the government’s navy blocked one such vessel from loading.
Trafigura Beheer BV bought two North Sea Forties crude cargoes at a higher level than yesterday, taking its tally for the month to eight. Total SA sold CPC Blend at a smaller premium than the previous bid.
Libya’s biggest oil export terminal, Es Sider, can store crude for 20 more days before filling up with production from some fields feeding storage tanks at the port already pumping at less than a 10th of previous levels.