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FGE In the Media


Oil production in Libya returns, but full recovery is uncertain

Oil
 

Crude output has increased by 200,000 barrels per day (bpd) since the beginning of the month. Analysts at Facts Global Energy (FGE) in London estimate that production rose to around 650,000 to 700,000 bpd.

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Although loadings have resumed at some eastern ports, force majeure continues at western Libya’s two major fields, El Sharara and El Feel, which together produce 340,000 bpd, according to FGE.

 

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