Continental Focus, International Reach

AGOCO Suspends Sarir Production

Friday, July 29, 2016

As if Libya did not have enough problems in getting its oil flowing, a protest over wages that shut the eastern Libyan oil terminal of Hariga has now forced AGOCO to shut-in production at its 100,000 bpd Sarir oil field.

Omran al-Zwai, spokesman for Libya’s eastern state oil firm AGOCO, said production at the Messla oil field would also be reduced to a minimum within four or five days if exports continued to be blocked from Hariga.

The Petroleum Facilities Guard (PFG) travelled to the port to protest over what they said were unpaid salaries. Just recently the government and the PFG agreed to a deal that would see exports at several oil terminals restart, but the government had yet to sign the document.


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