Libya Output Struck Down

Libyan oil output has dipped below 900,000 b/d, as industrial action spilled over to force shut a field in the country’s east, adding to outages caused by strikes in the area.

Reports emerged on 30 September that protestors that had occupied Eni’s Abu Attifel field have spread their strike to the Gialo field. A senior source at Libya’s National Oil Corporation (NOC) told MEES that the strikes remained in place on 2 October.

Gialo is operated by Waha, a JV including US firms Hess, ConocoPhilips and Marathon. Last week, Waha had edged up production to 210, 000 b/d, making it the biggest producer in Libya, where fields are being ramped up across the country after a lengthy shut-ins. The strikes at Gialo slashed countrywide output by 25,000 b/d to just below 900,000 b/d, according to the NOC source. (CONTINUED - 398 WORDS)