Libya’s Oil Production Drops By 200,000 Bpd

Libya’s crude oil production has declined by more than 200,000 barrels per day (bpd) in recent days, or by almost 20 percent, on the back of pipeline leaks and maintenance at the biggest oilfield, Bloomberg reported on Wednesday, quoting sources familiar with the situation. Libya has reduced this week oil production at fields operated by Waha Oil Company, due to leaks on the pipeline connecting the oilfields to the oil export terminal, Mustafa Sanalla, chairman of the National Oil Corporation (NOC), said during an online conference, as quoted…