El Feel Oilfield Reopens

Libya's western El Feel [El Fil, Elephant] oilfield has resumed production on Sunday after security guards ended a protest that lasted more than two months, reports Reuters.

Acting Oil Minister Omar Shakmak told the news agencies that authorities had reached an agreement with protesters. "The protesters agreed to reopen the field which restarted work yesterday and today," he said.

Production at the oilfield, located in the southwest, will reach 80,000 barrels a day within 24 hours, according to the head of the ministry's inspection and measurement department.

The field, operated by state-owned National Oil Corporation (NOC) and Italy's ENI, was producing around 85,000 bpd before the shutdown.

Oil flows from the Eastern Zilten field, which is controlled by state company Sirte Oil and supplies the Brega oil terminal, also restarted in recent days, according to the Wall Street Journal.

(Source: Reuters, Wall Street Journal)

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