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Breaking Posted 15 hours ago

Libya Restarts Brega Gas Unit, Cuts Flaring by 60 Million Cubic Feet

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Libya's Sirte oil firm will restart the Brega gas processing unit to supply 60 million cubic feet daily to the system instead of flaring it. The move supports crude output stability in a key African producer. Traders monitor Libyan production for crude supply shocks affecting oil prices and CAD.
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15 hours ago

Libya Resumes Natural Gas Processing at Brega Plant

Libya's Sirte Oil Company has restarted a natural gas processing unit at its Brega facility after years of closure. The restart signals potential recovery in Libyan energy output. Energy supply disruptions affect CAD through crude correlations and EUR through energy-cost channels; traders monitor whether this marks sustained production recovery or a one-off restart.

https://x.com/financialjuice/status/2114346314578399400
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