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Waha
Oil
Company
is
considered
to be
the
second
biggest
oil
producer
in
Libya.
Waha Oil
Company
operates
four oil
fields;
the
biggest
of which
is
Waha
Oil
Field.
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The
Es-Sider
Oil
Terminal
is
situated
on the
Libyan
coast,
about
180 km
from the
city of Sirte
and from
here oil
is
shipped
to other
countries.
The
terminal
is
equipped
with
four
shipping
berths
for the
reception
of cargo
ships
and has
nineteen
crude
oil
tanks.
In
addition
to
operating
the oil
fields
under
its
control,
Waha Oil
Company
also
handles
large
quantities
of oil
for a
number
of
companies,
including
Wintershall,
Total
and Zuietina,
through
its
production
lines
running
from the
Sirte
Basin to
Es-Sider
terminal.
Waha Oil
Company
(WOC) is
owned by
National
Oil
Corporation
(NOC) in
a joint
venture
with
three
American
companies
namely
ConocoPhillips,
Marathon
and
Amerada
Hess.
These
companies
are now
back
working
as
partners
since
Jan 2006
after
having
left in
1986
when it
was
known as
Oasis
Oil
Company. |