North Africa oil Power issues in key Libyan oilfields caused national oil output to drop by 70,000 barrels per day over the past week, according to Mustafa Sanallah, the chairperson of the Libyan National Oil Corporation (NOC). Electric failures in the Waha and Diffa fields compromised 60,000 bpd of production at the locations, the executive said. At maximum capacity, Waha alone produces 100,000-120,000 bpd. Late Wednesday, NOC technicians visited the two fields and managed to solve the power issues. Since then, the national production rate has inched back up to 600,000 bpd. Sanallah told Reuters earlier this week that an explosion caused by an electrical issue in the Laheeb oil field cost the NOC 19 million barrels of crude and 15-17 million cubic feet of natural gas. Libya almost doubled production from September to October of this year as the country begins its recovery after years of domestic strife. […]