Libya has reopened three small eastern oil fields closed since June due to fighting, adding some 10,000 barrels a day (bbl/d) of crude production, a spokesman for state oil firm NOC said on Oct. 31.
The fields were closed in June when an armed group attacked the eastern ports of Es Sider and Ras Lanuf, forcing NOC to declare force majeure for several weeks, a contractual waiver to clients.
Engineers restarted the al-Bayda oil field late on Oct. 30, one of them told Reuters, sending pictures of jubilant workers busy at work. The field has a capacity of around 12,400 bbl/d, he said.
NOC also gave instructions to recommence operations at the Tibesti and Dor Marada fields located in the same south eastern area, the spokesman said.
Exports have since resumed from Es Sider and Ras Lanuf, but some oil port storages were hit during the heavy fighting, forcing the closure of the al-Bayda and other fields, the engineer said.
Libya is producing as much as 1.3 MMbbl/d, the NOC chairman said last week, the highest level since mid-2013 when a wave of protests and blockades by armed groups and staff began that has hampered output in the OPEC oil producer.
Drillers cut nine oil rigs in the week to March 22, bringing the total count down to 824, the lowest since April 2018, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
The independent U.S. energy producer aims to take a final investment decision on the $20 billion project in the coming months, having signed up long-term buyers for its LNG.
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