The second week of August saw nation-wide protests at export terminals slash another 65,000 b/d off Libyan crude production, according to MEES estimates. The drop comes despite the 10 August resolution of a strike at the 100,000 b/d Eni-operated Elephant (Feel) field, offline since late May. “The strike is over. We started production on Saturday. It is ramping up and today is 63,000 b/d,” a source from Mellitah Oil Company told MEES on 13 August. “All our fields are now fine, except for [the 60-70,000 b/d] Abu Attifel,” he added.
There has been persistent talk of a lifting of protests at Sider terminal, which has kept production at both the 340,000 b/d Oasis fields, and the 25,000 b/d Total-operated Mabruk field shut in since late July (MEES, 9 August). But as of late on 14 August, Sider was still shut. “There were seven tankers waiting to load, with another two due today,” a western oil executive said on 15 August. Production at Oasis (Waha), which brings together ConocoPhillips, Marathon and Hess, was running at just 30,000 b/d just for power generation. (CONTINUED - 490 WORDS)