Libya to Give Extra $500 Subsidies to Households
The Libyan Government of National Accord will provide each household with an extra $500 in subsidies cards starting from July 2018.
Libya | Egypt Oil & Gas - Part 13
Libya Oil Facilities Suffer ‘Catastrophic Losses’ After Clashes
Libya’s National Oil Company stated that clashes at oil facilities on the country’s northeast coast have caused “catastrophic losses” after two storage tanks were destroyed.
Libyan Oil Ports Close After Armed Clashes
Armed clashes have halted oil loadings at Libya’s Es Sider and Ras Lanuf oil ports, and at least one storage tank at Ras Lanuf was set alight.
Arabian Gulf Oil Company Returns to Full Production After Power Problems
Oil output from Libya’s Arabian Gulf Oil Company (AGOCO) has returned to its normal level of 250,000 barrels per day (b/d) after electricity supply problems.
Libya’s Bahr al-Salam Gas Field Resumes Operations after Maintenance
Libya’s offshore Bahr al-Salam gas field has resumed production at 380 million cubic feet per day after completing upgrades and maintenance.
Total CEO: Libya Has Not Objected to Waha Takeover
Libyan authorities have not raised objections to Total closing a $450 million deal with US-based Marathon Oil to take over its 16% share of the Waha concessions.
Libyan Pipeline Attack Sees Estimated Loss of 100,000 b/d
A Libyan crude oil pipeline was set on fire on April 21 causing losses of between 70,000 barrels per day (b/d) and 100,000 b/d.
Eni Plans to Reduce Oil Output from Libya
Eni’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.
Libyan Refinery Hit by Explosion
Libya’s Marsa El-Brega refinery was hit by an explosion and fire during the early hours of March 10th after a gas leak at its methanol plant.
Libya’s Sharara Oil Field Reopens
Libya’s largest oil field resumes pumping after reopening the pipeline running to Zawiya refinery
