Wintershall Production Down

Oil firm Wintershall, part of Germany's BASF, has seen a drop of almost 10 percent in output year-on-year in the second quarter because of planned field maintenance; Libya Herald reports that production stood at 73,000 bpd compared with 80,000 bpd for the same period in 2012

Production at the offshore 45,000-bpd Al Jurf field, where the firm has a ten percent stake in operating company Mabruk Oil, has been unaffected.

A Wintershall spokesman told the Libya Herald:

It is currently unclear when the blockade of the export terminals will be lifted and how quickly production in the Libyan Desert can be resumed.”

“At the moment the return of some of the necessary expertise and services to Libya is being delayed because of security concerns. We would like to reach the pre-crisis production level of 100,000 b/d again as quickly as possible. It is not currently possible to say when this will happen.

The firm is using the interruption to carry out more maintenance work and tests.

(Source: Libya Herald)

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