Petroleum Africa
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Friday, September 26, 2014
Despite the rash of violence that has been ongoing across Libya, the country says it has seen an oil output increase. According to reports the country’s output has reached 925,000 bpd, a spokesman for the National Oil Corporation (NOC) said on September 25. This is the highest level of production the country has seen in some time.
The country also saw its Hariga oil port fully recover from eight months of blockades by protesters. The port is now exporting an estimated 120,000 bpd of crude, port officials said.
“We are back to normal. The port is operating normally,” Hariga terminal manager Rajab Abdulrasoul told Reuters. “We just exported one million (barrels) to China.” The port’s restart was slow due to the connecting Sarir and Messla fields needing to increase production and a group of security guards starting a brief new protest to make financial demands.
Protests, port blockades, and fighting between various groups have hindered the country’s output to much that at one time it was down to just around 200,000 bpd. While the news of the rise in production is welcome there are still fears that Libya could once again descend into civil war, with two parliaments and governments competing for legitimacy.
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