Tag Archives: Libya

Libya recently brought oil output to up to 1.3 million bpd. the highest level since 2013.

Fezzan is the historic name of the southern region of Libya where El Sharara oilfield is located.

Libya has been given a pass due to its chronic production outages.

Four Libyan oil export ports that were closed last week because of bad weather have reopened.

Oil production had declined by 150 thousand barrels per day.

Libya’s oil exports to China in 2017 totaled $1.7 billion.

Sonatrach has transported its equipment on the Libyan territory to Algeria through the crossing border of Ghadames.

Libya has northern Africa'.s largest proven reserves of oil - at 48 billion barrels.

OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.

Libya hopes to obtain an exemption from possible reductions in oil production.