Libya's NOC eyes Q2 restart for Marsa El-Brega methanol plants

13 January 2012 13:31  [Source: ICIS news]

LONDON (ICIS)--Libya’s National Oil Corporation (NOC) has begun work to bring its two methanol plants at Marsa El-Brega back on line, a process that could take until the second quarter of 2012, a company source said on Friday.

The two plants, each with a capacity of 330,000 tonnes/year, were taken off line in February 2011, at the onset of the Libyan civil war.

The source said onsite damage and the long downtime means the restart process could take some time.

“The accommodation and all the facilities used by the people there have been damaged. We’re trying to restart, but it takes time. The plants have been down for nearly a year, that’s a long time.”

The source stressed that the second-quarter restart was not an official target, only a guideline.

“It could be longer, it could be shorter. It’s hard to say.”

By: Ross Yeo
+44 208 652 3214

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