By Sami Zaptia.
London, 11 March 2019:
Libya’s Ras Lanuf Oil and Gas Processing Company (RASCO) continued its progress towards a scheduled mid-April opening date for its polyethylene plant.
RASCO, a subsidiary of Libya’s state National Oil Corporation (NOC), announced that it had successfully replaced a flaring incinerator yesterday, in preparation for the reopening of its polyethylene plant.
It will be recalled that the NOC had announced in April 2018 that ethylene and polyethylene production was to start ”soon” at its RASCO. No exact date had been given at the time.
The Ras Lanuf ethylene plant had been inactive since 2011, and the polyethylene plant had been suspended since 2013. The plants were awaiting necessary maintenance and the re-commissioning of the refinery to provide the necessary feedstock raw material.