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Home Business

OMV resumes suspended Libyan production

bythomwestcott
July 17, 2013
Reading Time: 1 min read
A A
OMV resumes suspended Libyan production

By Houda Mzioudet.

Tripoli, 17 July, 2013:

Austrian oil and . . .[restrict]gas company OMV has resumed production in Libya, after a 17-day break. OMV suspended operations on 25 June, citing the current political situation.

Media relations officer at OMV, Robert Lechner, told the Libya Herald  that the main affected fields were in the Murzuk Basin, in the south-west of the country. Production has reportedly returned to “normal” levels. In 2012 OMV, which was among the first foreign oil firms to resume operations here after the revolution, was producing 30,000 barrels a day in Libya.

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Earlier this month Deputy Oil Minister Omar Chakmak announced a one-third fall in Libya’s oil production, due to protests at the country’s oil fields, ports and refineries. Protestors have been demanding pay rises and changes in management.

  [/restrict]

Tags: BusinessLibyaoilOMVsuspended activities

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The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

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