Libya out at least 70,000 barrels of oil per day

28 Dec 2017   Libya

A Libyan company said it expects to be out at least 70,000 barrels of oil per day because of an explosion at a pipeline feeding the nation’s largest oil depot. The National Oil Corp. said it was able to confirm an explosion on a pipeline feeding the port of Es-Sider. The pipeline is operated by Libya’s Waha Oil Co., and the NOC said the explosion occurred about 80 miles south of the port. The NOC said teams were on scene investigating and some of the oil was diverted to another line. The NOC said, however, it expects a production loss of between 70,000 and 100,000 barrels of oil per day. ‏”NOC continues to investigate the […]

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