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Tuesday, October 15, 2013
Production is back on the rise in Libya according to the country’s prime minister, Ali Zidan. The country is producing between 600,000 to 700,000 bpd, up from the 200,000 it was producing just last month.
Zidan told reporters that the country took steps toward resuming output in the west in mid-September after reaching a deal with some protesters. Zidan told reporters: “Oil production is now between 600,000, 650,000 and 700,000 bpd.”
He said the government and parliament were working on solving the conflict “soon.” “Libya is going through a difficult phase,” he said.
There are also talks in the works to reopen the major oil export terminals of Es Sider and Ras Lanuf in the east, although this is taking time due to some protesters demanding better benefits, more local investment, and more jobs.
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