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Waha to carry out maintenance on pipeline

November 26/2021

MOSCOW (MRC) -- Libya's Waha oil company will carry out maintenance operations on a pipeline starting on Wednesday that will reduce crude output by 90,000 bpd for one week, reported Reuters with reference to the National Oil Corp media office's statement.

Waha's oil output before maintenance work was due to begin was 286,000 bpd, the NOC media office said.

As MRC informed before, Libya's Government of National Unity has approved the sale of US oil company Hess Corporation's stake in the giant Waha oil concessions to both TotalEnergies and ConocoPhillips, sai Patrick Pouyanne, CEO of TotalEnergies, Nov. 22.

Pouyanne confirmed the deal while speaking at the Libya Energy & Economic Summit 2021 in Tripoli on Nov. 22.
Hess Corporation's 8.16% stake in the key oil license will now be split evenly between France's TotalEnergies (4.08%) and ConocoPhillips (4.08%),

We remind that TotalEnergies has recently inaugurated the extension of Synova in Normandy, the French leader in recycled polypropylene (PP) production. TotalEnergies is therefore doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive Manufacturer (Auto OEM) and the construction industry.

According to MRC's ScanPlast report, PP shipments to the Russian market were 1,138,510 tonnes in the first nine months of 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.
Author:Margaret Volkova
Tags:Europe, PP, crude and gaz condensate, petrochemistry, recikling, ConocoPhillips, Total Petrochemicals, sustainable development, Libya.
Category:General News
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