Sanallah to Bloomberg: Libya boosts oil output by a third after reopening Sharara field
Libya’s Sharara oilfield is currently pumping 260,000 barrels a day, the Chairman of the National Oil Corporation (NOC) Mustafa Sanallah told Bloomberg Television in an interview on Monday.
Sanallah told Bloomberg that Libya’s crude production has been boosted by a third after restarting its biggest field – Sharara, which was reopened earlier in March after the end of a three-month occupation by armed groups.
“Three weeks ago, production was around 900,000 barrels a day. Now we’re in the range of 1.2 million barrels a day,” Sanallah told Bloomberg.
“Unfortunately, we have many oil fields that are outdated and did not undergo any rehabilitation in a long time.” He added.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to email@example.com. Please include ‘Op-Ed’ in the subject line.
- Haftar to fly to the US with family, pretending it’s a Libyan official visit - September 13, 2021
- Haftar hires ex-Clinton aide, ex-Republican leader to lobby Washington for Libya elections’ run - September 09, 2021
- Al-Saadi Gaddafi, late dictator’s son, released from Libyan prison - September 06, 2021