3 Feb 2014 More

Libya Oil Output Declines Amid El Sharara Pipeline Protests

posted by Unknown @ 08:57 0 Comments

Lybia oil field in the El Shahara

Libya oil has seen its oil output drop by as much as 375,000 bbl/d as protests over the pipeline from the El Sharara field continue, this from a spokesman for the NOC, National Oil Corporation

Last week, demonstrators blocked two major pipelines coming directly from the Al Wafa field.  The field typically supplies an estimated 30,000 bbl/d while the El Sharara field yields a much larger 340,000 bbl/d.

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