Atwasat

Eni's oil production in Libya cut in half




Alwasat - Cairo Fri 07 Feb 2020, 06:11 PM
alwasat radio

Eni’s oil production in Libya has halved to around 160,000 barrels per day, the Italian major’s chief executive said on Thursday.

“The situation in Libya is very difficult since for more than three weeks there’s been a million barrels stuck,” Claudio Descalzi said on the sidelines of a conference.

Descalzi said output was low, around 156,000-160,000 barrels per day compared to a previous 300,000 barrels.

“Our concern is for the people. We have more than 5,000 people and we need to understand if we can pay their salaries,” Descalzi said.

Libya’s oil production had dropped sharply since groups loyal to eastern based commander Khalifa Haftar began a blockade on Jan. 18, closing ports and fields in the east and south.

Eni is the biggest foreign oil producer in Libya.

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