Libyan oil production back to normal

9 Sep 2017   Libya

Operations at the Sharara oil field in Libya, the country’s largest, are back to normal following short-term “irregularities,” an Austrian energy company said. Mustafa Sanalla, the head of Libya’s National Oil Corp., blamed “gangsters” for shutting down some of the pipelines tied to the Sharara oil field in late August . That followed a worker protest at Sharara earlier in the month and the NOC said more than 360,000 barrels per day of Libyan crude oil production had been shut in at a cost of $160 million. A report from commodity pricing group S&P Global Platts, sent to UPI earlier this week, said Libyan crude oil production fell from July levels of 990,000 barrels per day to 830,000 barrels per day in August because of security issues […]

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