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Home Business

Oil production crawls up to 230,000 barrels per day, most export terminals still closed

bythomwestcott
September 12, 2013
Reading Time: 1 min read
A A

By Ahmed Elumami and Tom Westcott.

Tripoli, 12 September 2013:

The country’s oil production is now between 230,000 and 236,000 barrels per day . . .[restrict](b/d), according to Deputy Oil Minister Omar Shakmak.

He also told the Libya Herald that Brega was the only oil export terminal working. The others remain closed in ongoing strikes over pay and conditions that have brought the country’s oil industry almost to a standstill. Prime Minister Ali Zeidan said yesterday that arrest warrants had been issued for the the leaders of the oil strikes.

At the start of this month oil exports hit a record low, since production restarted after the revolution, of 160,000 b/d.

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Although Brega is the only functioning export terminal, it was described as “not very busy” by an engineer on a recent visit to the port. “There were lots of cars but not many people around,” he told the Libya Herald, “It looked like they were producing but not necessarily exporting.”

  [/restrict]

Tags: Businesshydrocarbon exportsLibyaoil exportsOil Ministry

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