Engineer: Sharara oilfield ready to resume output, awaiting NOC approval

Alwasat - Cairo Thu 28 Feb 2019, 01:45 AM
alwasat radio

Workers at Libya’s El Sharara oilfield are ready to resume production with an initial output of 80,000 barrels a day but are still waiting approval from state oil firm NOC, a field engineer and trader said on Wednesday.

An NOC spokesman could not be reached for comment.

The 315,000 barrels a day-field has been closed since December when state guards and tribesmen seized it to make financial demands.
NOC said on Tuesday it was ready to lift force majeure, a contractual waiver for clients declared in December, if armed men behind the closure were evicted. The Tripoli-based government said on the same day it was working with NOC to do so.

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