Middle East
Libyan oilfield resumes operations
Cairo: Libya’s western El Feel oilfield has resumed production after security guards ended a protest that lasted more than two months, , but many oilfields and ports remain blocked.
Libya’s oil output had fallen to less than 200,000 bpd in the past few weeks, down from 1.4m bpd in July when a wave of protests started.
Protesters shut down the field in late March to the western Mellitah port as part of a nationwide disruption to oilfields and ports to pressure the government over a range of political and financial demands. The field is jointly operated by state-owned National Oil Corp and Italy’s ENI and was producing around 85,000 bpd before the shutdown. [17/06/14]