Continental Focus, International Reach

OMV Shuts in Libya Production

Wednesday, July 10, 2013

The insecurity in Libya has led to Austrian producer, OMV, to shut in the majority of its production. OMV production was shut-in as of June 25.

The social unrest in the country has caused a number of production outages.

Libya contributed approximately 30,000 boepd  to OMV’s total production of 303,000 boepd or roughly 10%. The company is closely monitoring the situation inside the county.


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