(Author: Libyan Gazette Editorial Staff) On Wednesday, the town of Ben Jawad, located near Libya’s major oil ports, was taken over by armed groups. Soldiers loyal to Libya’s eastern parliament and General Khalifa Haftar fought back with airstrikes, according to officials. Ben Jawad is about 30 kilometres west of Es …
Read More »Explosion at Oilfield Results in Decreased OIl Production in Libya
(Author: Libyan Gazette Editorial Staff) Oil production decreased to 523,000 barrels a day, said Mustafa Sanalla, the chairman of Libya’s National Oil Corporation, on Wednesday. Sanalla said oil production is likely to recover and even reach 600,000 barrels a day by Thursday. Oil production was interrupted when work at Al-Dafa …
Read More »Libya’s National Oil Corporation Reports High Levels of Oil Production
(Author: Libyan Gazette Editorial Staff) Oil exports from Libya have increased significantly since force majeure was lifted on three of the North African country’s major oil facilities. On Wednesday, Mustafa Sanalla, the chairman of Libya’s National Oil Corporation, said current oil production in Libya has reached 540,000 barrels of oil …
Read More »Libyan Economy Strengthens as Oil Production Resume
(Author: Libyan Gazette Editorial Staff) It has been five years since Libya’s oil industry was operating at full capacity and only recently were Libyans able to reopen the country’s major oil ports to resume oil production and exports. Before the 2011 uprising, Libya was producing around 1.6 million barrels per …
Read More »Petroleum Facilities Guard Signs Deal with UN-Backed Government to Reopen Two Oil Ports
(Author: Libyan Gazette Editorial Staff) An agreement to open two oil ports was finally reached between the UN-backed government in Tripoli (GNA) and the Petroleum Facilities Guard (PFG) which has been protecting the Ras Lanuf and Es Sider oil ports in eastern Libya. The ports were shut down due to …
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