Posted on

Libya may boost oil production after fixing leaky pipeline to its biggest port



Share

Libya has begun pumping crude to its biggest port again a week after it was forced to shut down a worn-out pipeline due to a leak. With the link back online, the country’s output may exceed 1.2 million barrels a day again.

The reopening was announced by the operator of the Es Sider export terminal, Waha Oil company, a subsidiary of the state energy firm National Oil Corporation (NOC). In a statement on Saturday, the operator said that the repairs were finished in “record time,” as it took it seven days to complete them instead of two weeks.

Also on …

Read More