Production Restarts at Sharara

Oil production resumed at the Sharara oilfield on Monday, following an improvement in security at the Zawiya refinery, which it supplies.

The field, Libya's largest, had reopened following a deal with protestors in July, but shelling near the Zawiya refinery last week forced a temporary stop in production.

The Wall Street Journal quotes an official at the National Oil Corporation (NOC) as saying that the field was currently producing about 70,000 barrels a day, down from its usual 340,000 bpd.

Sharara is operated by Spanish oil major Repsol.

(Source: WSJ)

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