Libya’s east-based Al-Bayda oilfield has halted work due to pipeline maintenance work, field engineers said on Wednesday.
The oilfield pumped until the closure around 7,000 barrels a day, forcing state oil firm AGOCO, part of National Oil Corporation (NOC), to lower production to 270,000 bpd, the engineers said.
NOC said on Monday that its revenue registered a 23% month-on-month leap to stand at USD2.1 billion during the seventh month of this year.