Wintershall Targets Pre-War Output in 2013

Wintershall, the oil and gas arm of German chemicals group BASF, hopes to restore its oil production in Libya to pre-war levels next year.

Martin Bachmann, Board member and head of exploration and production said:

"The plan is then for next year to come up to pre-war production levels, witch were around 100,000 barrels per day."

According to a report from Reuters, Wintershall currently produces about 80,000 barrels per day in the Libyan desert.

(Source: Reuters)

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