Libya's Sharara and Wafa fields have stopped producing for the second time just one week after a previous shutdown due to an attack from an unidentified armed group that blocked the pipelines on the 9th of April 2017.
The Egyptian General Petroleum Corporation (EGPC) and Egypt’s Petrojet held meetings in Tripoli to establish joint agreements between the two countries.
Libya’s National Oil Corporation (NOC) announced that oil production has reached 700,000b/d, recovering from a drop earlier in March caused by fighting at two key oil ports.
Libya halted exports from its two of biggest oil ports and reduced production from some fields after clashes threatened to reverse the North African country’s progress in reviving crude output and sales.