Oil Production Resumes At Key Libya Field: Company
June 7, 2020
The Libyan National Oil Company said Sunday production had resumed at Al-Sharara oil field, the country’s largest, which had been shut months ago by the forces of strongman Khalifa Haftar.
Al-Sharara, about 900 kilometres (560 miles) south of Tripoli, produces 315,000 barrels per day — nearly one third of Libya’s crude output — but is frequently attacked and blocked by militias.
In January, valves at a pumping station were closed forcing a halt in production at Al-Sharara and costing the treasury more than $5.2 billion, the National Oil Company said.