Libya Reopened Rayaina Oil Pipeline

Libya Reopened Rayaina Oil Pipeline

Libya had reopened a long blockaded Rayaina pipeline leading from the major oil fields of Sharara and El Feel. Yet, there are other reported that production has not restart at El Feel, Reuters reported.

The Patrols Brigade of the Petroleum Facilities Guard had revived operations at the Rayaina oil pipeline in Rayaina town near Zintan city in western Libya. In a statement mid December, the Brigade called on the National Oil Corporation to start pumping oil through the pipeline. This has raised hopes of a major output boost from Sharara and El Feel, which together can produce more than 400,000b/d, informed Libyan Express.

But the strength and scope of deals to resume production from the fields is not clear, and officials and analysts say any increase to output is likely to be gradual and fragile because of technical problems and Libya’s ongoing political turmoil. This comes as the National Oil Corporation (NOC) has not confirmed any resumption of production at the fields.

Libya is one of two members of the Organization of the Petroleum Exporting Countries (OPEC) that is not bound by the groups pledge to cut oil production by about 1.

2mb/d during the first half of 2017. Libya’s oil production has doubled to about 600,000b/d since September, when the eastern-based Libyan National Army (LNA) took control of several blockaded ports and allowed the NOC to reopen them. But it remains far below the 1.6mb/d Libya produced before its 2011 uprising.

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register