#Country Updates #Libya #News #Upstream Exploration & Production

Libya to resume production

Libya to resume production

The National Oil Corp. (NOC) has lifted force majeure from the El Feel field, following high-level agreements on a ceasefire in Libya. The company announced the lifting of force majeure from the Sider and Ras Lanuf ports on October 23.

At that point, the Libyan company said it expected production would reach 800,000 barrels per day within two weeks. Libya would pass the 1 million bpd mark within four weeks. This would come as production resumed from the Waha and Harouge fields.

As of October 26, Libya’s fields and ports have reopened, it said. In particular, Mellitah Oil & Gas was set to restart production at El Feel, which would reach normal levels in the coming days.

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Source: Energyvoice

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