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Oil report

UPDATE 1-Libya to load about 160,000 b/d of Sharara crude in November - source

(Adds detail)

LONDON, Oct 26 (Reuters) - Libya is expected to load eight cargoes of Sharara crude oil in November, or about 160,000 barrels per day (bpd), according to a source with direct knowledge of the matter.

The El Sharara oilfield resumed production earlier this month following a ceasefire with eastern forces that had blockaded most of the country’s oil infrastructure in January.

Last week, output at the field reached around 150,000 bpd out of a capacity of about 300,000 bpd. The Aegean Nobility tanker, the first due to load at the Zawia export terminal since the restart, arrived on Oct. 24. (Reporting by Julia Payne; Editing by Kirsten Donovan)

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