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Home » Libya’s El Feel and Sharara oilfields resume production after closure costs 340,000 barrels

Libya’s El Feel and Sharara oilfields resume production after closure costs 340,000 barrels

Sunday, July 16, 2023 Oil & Gas 1 Min Read
Ras Lanuf suspends aerial and land travel over Coronavirus outbreak
General view of the industrial zone at the oil port of Ras Lanuf March 11, 2014. REUTERS/Esam Omran Al-Fetori (LIBYA - Tags: BUSINESS ENERGY) - RTR3GTF3

Production at Libya’s Sharara and El Feel oilfields has resumed, days after being shut due to protests.

Sharara has partially resumed at 30,000 barrels per day, with output expected to return to normal on Sunday, Reuters reported, citing engineers.

Operations were halted on Thursday after tribal leaders protested against the apparent arrest of a former finance minister.

The Sharara field, one of Libya’s largest production areas with a capacity of 300,000 bpd, has been a frequent target for protesters fuelled by political causes.

The site is in the Murzuq basin in the south-east and is run by state-owned National Oil Corporation (NOC) via Acacus alongside Spain’s Repsol, France’s TotalEnergies, Austria’s OMVand Norway’s Equinor.

El Feel field, with a capacity of 70,000 bpd, is operated by Mellitah Oil and Gas, a joint venture between NOC and Italy’s Eni.

Earlier on Saturday, Libya’s oil minister Muhammad Aoun told Dubai-based Asharq TV that the closure of the oilfields had led to a production loss of 340,000 bpd.

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