Libya’s oil output has failed to recover with the country’s two main western fields – totaling 470,000 b/d capacity – still offline after an attack on the larger of them, Sharara, last week. The divided country’s output is now languishing at little over 500,000 b/d, way down on recent highs.
The 340,000 b/d capacity Repsol-operated Sharara field was supposed to resume operations on 12 November, but pumps remained idle because the pipeline connecting the field to the coast has been shut down. (CONTINUED - 898 WORDS)
