Energy Update

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TRIPOLI, May 30 (Reuters) - Turkey's foreign minister said
during a visit to Tripoli on Monday that his country hoped to be
the first to reopen its embassy in the Libyan capital, following
the arrival of a U.N.-backed unity government at the end of
March.

* Saudi shares closes at pre-economic reform announcement
levels

* Tsipras opposes freezing wages of essential services

(Adds details, comments)

* Mozambique to pay out of gas revenues

(Adds detail, quotes)

* Exit may herald shift to less aggressive profit
recognition-analyst

PARIS, May 30 (Reuters) - Two oil tankers had unloaded their
cargo by Monday at Le Havre oil port in northern France, cutting
the number of ships held up there by a rolling nationwide strike
to nine from 11 on Friday, a port authority spokeswoman said.

* U.S production declines to lowest since Sept. 2014

(Recasts, updates throughout, changes dateline from previous
SINGAPORE)

* Govt official expects country to produce 419 mln tonnes in
2016

BEIJING, May 30 (Reuters) - A group of Chinese companies
plans to build new pipeline and storage facilities in eastern
Shandong province, the hub for the country's independent
refineries, providing much-needed infrastructure as crude oil
imports into the region surge.

* Iraq allocates 5 mln bbls more Basra Light to partners in
June

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