Protests Cause Production Drop of 40,000 b/d in Libya
Protests have cut production by 40,000 barrels per day (b/d) from oilfields operated by Wintershall in Libya.
Protests have cut production by 40,000 barrels per day (b/d) from oilfields operated by Wintershall in Libya.
Italian police arrested six individuals suspected of smuggling oil into the country from Libya.
Production resumed at Libya’s Sharara oilfield Wednesday.
Libya’s Sharara oilfield will resume production today after successful talks with local tribesmen and guards
he Sharara oilfield stopped production after a militant group seized control of the field.
OPEC crude production has risen in September.
Libya’s crude production has risen to 950,000 barrels a day (b/d)
The Iranian Minister of Petroleum, Bigan Zangeneh, singled out Libya and Nigeria in comments to the press yesterday, calling for changes in OPEC policy towards the two countries.
A fuel pipeline between Zawiya and Tripoli was closed this week by a group of armed individuals.
OPEC production fell in August as Saudi Arabia cut back its production