By Salma El Wardany and Saleh Sarrar
Libya’s oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt.
The OPEC member’s output is expected to rise to 1 million barrels a day from 800,000 within 2-3 days as the Sharara oil field restarts Tuesday, National Oil Corp. Chairman Mustafa Sanalla said Monday in a televised interview on Libya TV. The field produced about 234,000 barrels a day before guards that were assigned to secure the field forced workers to halt production Sunday. Sanalla said he gave instructions to resume operations at the field after talks with tribesmen and some other guards to resolve the issue.
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Source: https://www.bloomberg.com/
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