Libya’s National Oil Corporation (NOC) has confirmed that oil operations at El Feel oilfield have resumed and that the force majeure pertaining to El Feel and Sharara have been lifted, according to a press release.
Production at El Feel will initially resume at a much reduced rate of 12,000 barrels of oil per day (bbl/d). Production at the field is expected to return to full capacity within 14 days due to the damages caused by the four month hiatus of production. Before the shutdown, production was recorded at around 70,000 bbl/d.
NOC chairman, Mustafa Sanalla, commented, “NOC will start crude oil export operations as soon as possible. I also confirm that crude oil is now reaching Zawiya refinery, which will resume its operations to produce fuel for domestic use. This will reduce pressure on the budget allocated to import fuel.”
It was announced on June 7 that production had resumed at the Sharara oilfield, which is operated by Libya’s NOC in a joint venture with Spain’s Repsol, France’s Total, Austria’s OMV and Norway’s Equinor. The NOC declared force majeure on loadings from Sharara and El Feel in January.