Libya sets 2018 oil contracts, Glencore keeps Sarir/Messla grades
One source familiar with the matter said Libya's state oil firm National Oil Corp (NOC) had allocated its 2018 crude and that the contracts would be signed next week. Jan 18 (Reuters) - Glencore is keeping the marketing rights for the Sarir and Messla crude grades for a third year even though BP and Shell are returning to lift Libyan oil in a sign the country's industry is perceived as becoming more reliable, sources said. Since the end of 2015, Glencore has been the sole marketer of the Sarir and Messla grades, which are produced in the east of the country and exported via the Hariga port. It was not immediately clear when the refinery would resume operations or what would happen to Glencore's allocation once it does.