MAST SECURITY

Libya Faces Renewed Calls to Join OPEC Cut

By  Salma El Wardany
Libya’s oil output is rising again after disruptions ended at its biggest field, with production reaching about 950,000 barrels a day even as OPEC and allied suppliers step up efforts to contain a global glut.
Output at the North African nation’s Sharara field has recovered to 230,000 barrels a day, according to a person familiar with the matter, who asked not to be identified because they aren’t allowed to speak to the media. Libya was pumping 1.05 million barrels a day in August, the person said, before an armed group closed a pipeline linked to the field and caused Sharara to halt production for more than two weeks.
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Source: https://www.bloomberg.com/

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Call: +44 (0) 1279 874 521

Maritime Security
Email: Operations@mast-security.co.uk
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24/7 Emergency Telephone+44 (0) 1202 045 833