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Home Oil & Gas

Western Oil Fields and Pipelines Restarted

13th May 2014
in Oil & Gas, Security
Western Oil Fields and Pipelines Restarted
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The Wall Street Journal reports that Libya's oil production is set to double with the reopening of western oil fields and pipelines Monday.

Exports from two eastern ports resumed when protesters ended their occupation of the facilities after coming to an agreement with the government.

A spokesman for the National Oil Corporation (NOC) said on Monday that flows had resumed from major oil-producing fields of El Sharara (pictured), El Feel [El Fil, Elephant] and Wafa and the pipelines linking them to the Zawiya exports terminal.

The fields, which are operated by Spain's Repsol and Italy's Eni together produce 500,000 barrels a day.

A spokesperson for protesters at El Sharara told Reuters they reached a deal and had turned the field over to the Petroleum Facilities Guard (PFG) after ending their protest.

(Sources: WSJ, Reuters)

Tags: El FeelEl FilElephant fieldEniNational Oil Corporation (NOC)oil exportsoil productionPetroleum Facilities Guard (PFG)ProtestsRepsolSharara FieldWafa field

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