• 3 minutes China's aggression is changing the nature of sovereignty.
  • 8 minutes Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 11 minutes Europe gas market -how it started how its going
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 hours Russia, Ukraine and "2022: The Year Ahead"
  • 2 days Amazing!...see article: "Turkmenistan To Close "Gates Of Hell" Gas Fire" by Irina Slav
  • 13 hours Why is oil priced and traded in U.S. dollars?
  • 9 hours Ukrainian Maidan after 8 years
  • 12 hours Russia oil production live month after month starting from November 2021 - official stats from Rosstat agency
  • 2 days Сryptocurrency predictions
Chinese Oil Major CNOOC Targets Record High Production This Decade

Chinese Oil Major CNOOC Targets Record High Production This Decade

China National Offshore Oil Corporation…

Oil Prices Inch Higher Despite Large Gasoline Build

Oil Prices Inch Higher Despite Large Gasoline Build

Crude prices fell slightly this…

U.S. Rig Count Jumps As Crude Rally Continues

U.S. Rig Count Jumps As Crude Rally Continues

The number of active drilling…

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Libya’s Oil Production Bounces Back Following Pipeline Repairs

  • Libya’s crude oil production rose to 900,000 bpd from 700,000 bpd this weekend after completion of repair work on a pipeline
  • The pipeline that was being repaired links two oil fields to the Es Sider export terminal
  • Before the outages and the pipeline shutdown, Libya was producing between 1.25 and 1.3 million bpd

Libya’s crude oil production rose to 900,000 bpd from 700,000 bpd after the completion of repair work on a pipeline, the country’s oil ministry said, as quoted by Bloomberg.

The pipeline that was being repaired links two oil fields to the Es Sider export terminal. Its shutdown for repairs took 200,000 bpd offline, which coincided with field outages caused by blockades that shaved off more barrels from Libya’s total.

Before the outages and the pipeline shutdown, Libya was producing between 1.25 and 1.3 million bpd, but the latest events brought this down to less than 800,000 bpd temporarily.

More outages are not out of the question, however. Libya’s oil infrastructure has suffered years of neglect, and the field shutdown for the pipeline repairs is unlikely to be the last one. As the chairman of the National Oil Corporation said earlier this month, the country’s oil infrastructure has been a casualty of years of illegal closures and financial problems that are yet to be solved.

In addition to more repairs likely to affect production, the dispute between the government and the Petroleum Facilities Guard is still not settled, suggesting that the field outages may continue. The PFG shut in production from four fields in December, including Libya’s top producer, El Sharara, which has the capacity to produce 300,000 bpd.

The reason for the blockade is, once again, delays in salary payments, according to the PFG, which, as the name suggests, is supposed to be guarding oil facilities. During Libya’s civil war, however, the PFG evolved into yet another paramilitary group in the conflict-torn country.

Despite the complex political and social situation, the NOC has been putting a lot of effort into boosting oil production, especially while Libya is exempt from the OPEC+ production cuts. Plans are to increase the total to 1.4 million bpd, although with all the disruptions, it will likely take longer than the NOC hopes.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News