New Security Incident at Sharara Oilfield
Libya’s Sharara oilfield suffered a new “security breach” on Sunday.
Libya’s Sharara oilfield suffered a new “security breach” on Sunday.
Italy seized a smuggling vessel sailing from Libya bearing 100 tons of diesel, indicating that fuel smuggling from Libya continues despite previous efforts by the Italian government to arrest smugglers.
Production from the Libyan oilfield, Sara, has fallen by 50,000 barrels per day (b/d).
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)