Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Production | Production Restart

Libya Restarts Production at Largest Oil Field

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Monday,June 08,2020

Libya has begun restarting production from its largest oil field following a five-month shutdown, according to multiple reports, including a statement by Libya's state-run oil corporation.

Production will initially resume at 30,000 Bbls/d and will return to its full capacity over the next three months as damage from the shutdown is repaired.

This phased restart of production is due to damange from to the ongoing civil war in the country. The group managed to come to a cease-fire agreement during early June 2020.

NOC chairman, Eng. Mustafa Sanalla, commented: “NOC will start crude oil export operations as soon as possible. I also confirm that crude oil is now reaching Zawiya refinery, which will resume its operations to produce fuel for domestic use. This will reduce pressure on the budget allocated to import fuel.

“On behalf of NOC’s board of directors, I would like to thank all the corporation’s workers at fields for their exceptional efforts to restart production and carry out necessary maintenance works. We would also like to extend our sincere gratitude and appreciation to all the national voices that supported the corporation and to all the international parties that called for the restart of operations. We hope that production will be resumed at all Libyan fields in the nearest future."


Related Categories :

Production Restart   

More    Production Restart News

Middle East News >>>