Fida Oil Farm, Ras Lanuf, Libya 2018
Recent eruptions of violence in Libya’s so-called ‘oil cresent’ between armed forces loyal to Haftar’s Libyan National Army and rival armed groups resulted in another row of burning oil tanks. As a result of the shelling, three oil tanks at the Fida Oil Farm, west of the Ras Lanuf oil terminal were hit and caught fire. Oil tanks are being destroyed almost every year in Libya since 2014 thus damaging the already ailing economy. Tank No. 2 held 200,000 barrels of crude before it was hit, and No. 12 held 240,000 barrels, a firefighting official said, adding crews were running out of foam to contain the blazes. The NOC earlier put the immediate production loss from fighting at the ports at 240,000 barrels per day, expected to rise to 400,000 bpd if they remained shut. Later a third tank caught fire. Experts estimated the damage to be around USD 100 Million.