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…Libya’s Oil Production Bounces Back Following Pipeline Repairs
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