Libya loses 70.000 oil bpd of its daily output

A view of the Sharara oilfield in Libya. Pumping from the country’s biggest oil field

The company operating the 70,000 barrel-a-day Al-Feel deposit, also known as Elephant, suspended output late Thursday after armed guards who work at the facility decided to occupy it to protest at unpaid wages, a person with knowledge of the matter said, asking not to be identified because they’re not authorized to speak to the media.

Most workers were evacuated and the protesters threatened further action if their claims aren’t resolved.

The field is operated by Mellitah, a joint venture between Libya’s National Oil Corporation (NOC) and Italy’s Eni. There was no immediate comment from the NOC.

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