Petroleum Africa
Find us on: 
Thursday, October 8, 2015
Production in Libya is on a downward swing once again, dropping to 300,000 bpd. Since the fall of former dictator Muammar Qaddafi and the ensuing civil war, Libya’s production has just a fraction of what it was before the civil war; although the country has seen production rise on occasion, it has never lasted for long.
Naji Moghrab, the top state oil official with the recognized government in Tobruk told a local television channel that output was at 300,000 bpd because of fighting between various armed factions and the closure of a 50,000 km oil pipeline.
“The main problem behind the low production is insecurity, and of course the presence of Daesh near the oilfields,” Moghrab said, referring to ISIS militants who have gained ground in Libya in the chaos.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
