Output at Libya’s Sharara oil field recovers to 200,000 b/d

*Khalifa Mohamed Mazk inspects a pipeline at Marsa al Hariga oil port in the city of Tobruk, approximately 1,500 km (932 miles) east of Tripoli. REUTERS/Ismail Zitouny.

05 April 2017, London — Production at Libya’s Sharara oil field has risen back to 200,000 barrels per day (b/d), nearing the rate it was running at before a recent week-long shutdown, the National Oil Corporation (NOC) said in a statement on Tuesday.

The NOC said it hopes to increase output from Sharara to 270,00 b/d in the coming weeks, as part of efforts to boost national production to 1.1 million b/d by August.

Sharara had been producing 221,000 b/d before protesters shut a pipeline from the field late last month. National production stood at around 700,000 b/d.

Sharara is operated by a joint venture comprising the NOC, Repsol, Total, OMV and Statoil.

*Aidan Lewis; Editing by Greg Mahlich – Reuters

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