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Home Business

Oil production now at 220,000 barrels per day

bythomwestcott
April 23, 2014
Reading Time: 1 min read
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By Libya Herald staff.

Tripoli, 22 April 2014:

The National Oil Corporation (NOC) has announced that the country’s oil fields are now producing . . .[restrict]220,000 barrels per day (b/d), with ongoing industrial action still keeping  output low.

While strikes continue to blight production figures, NOC is struggling to restart exports from two eastern oil ports recently handed back to the state by federalist protesters. Although exports have started from Hariga oil export terminal at Tobruk, NOC told the Libyan news agency LANA that it was still unable to give a date for the reopening of Zueitina.

The port was not yet fully under the control of the Petroleum Facilities Guard (PFG) a NOC official said this week. Until the PFG confirmed it had control of the terminal, NOC was not able to lift force majeure, he added. [/restrict]

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Tags: hydrocarbonsLibyaNational Oil CorporationNOCoiloil exportsoil production
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