Share

Libya restarts oilfield after protest ends

Tripoli - Libya has restarted oil production at the southern El Sharara field with an initial output of 60 000 barrels a day after protesters ended a blockade, the state National Oil Corp (NOC) said on Sunday.

Tribesmen calling for greater local power had blocked the field since the end of October, one of many disruptions that have crippled Libya's oil sector. Oil production had fallen to 250 000 bpd from 1.4 million bpd in July.

NOC hoped to reach the field's maximum output capacity of around 34 ,000 bpd within two to three days, spokesperson Mohamed al-Harari said. "Production started last night," he said.

Libya is in turmoil as the government struggles to rein in dozens of militias that helped topple Muammar Gaddafi in 2011 but kept their guns to make political and financial demands.

Last week, the protesters at El Sharara agreed to suspend their action after the defence minister visited them and said the government would look into their demands. They want the establishment of a local council and the granting of national identity cards for tribesmen from the Tuareg minority.

The field, located in the remote and volatile south, supplies crude to the western Zawiya export terminal and feeds the 120 000-bpd Zawiya refinery.

There is no sign of progress in the east of the country despite the government's announcement last month of another attempt by tribal elders to pressure an autonomy group to end a blockade of the Ras Lanuf, Es-Sider and Zuweitina ports, which accounted previously for 600 000 bpd.

The group demands autonomy for the east and a greater share of the oil wealth, Libya's main source of income.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.22
-0.6%
Rand - Pound
23.91
-0.5%
Rand - Euro
20.56
-0.5%
Rand - Aus dollar
12.49
-0.8%
Rand - Yen
0.12
-0.5%
Platinum
911.00
-1.0%
Palladium
1,006.00
-2.0%
Gold
2,321.04
-0.0%
Silver
27.20
-0.4%
Brent Crude
88.42
+1.6%
Top 40
68,685
+0.9%
All Share
74,632
+0.8%
Resource 10
60,184
+1.0%
Industrial 25
104,263
+1.4%
Financial 15
15,928
+0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders