Libya boosts oil output by a third after reopening Sharara field

0
2233

Sanallah told Bloomberg that Libya’s crude production has been boosted by a third after restarting its biggest field – Sharara, which was reopened earlier in March after the end of a three-month occupation by armed groups.

“Three weeks ago, production was around 900,000 barrels a day. Now we’re in the range of 1.2 million barrels a day,” Sanallah told Bloomberg.

“Unfortunately, we have many oil fields that are outdated and did not undergo any rehabilitation in a long time.” He added.

SOURCElibyanexpress
Previous articleRas Lanuf port ready to operate
Next articleLibyan ambassador to Italy meets US, EU counterparts in Rome