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Libya Daily Oil Production Exceeds 700,000 Barrels, Awami Says

Libya’s oil production exceeded 700,000 barrels a day, nearly 45 percent of installed capacity, on higher output from the western region, said Oil Ministry Measurement Director Ibrahim Al Awami.

The Hamada oil field resumed operations this weekend, adding 8,000 barrels a day to the North African nation’s crude production, he said in a telephone interview today.

Protests staged at energy facilities since July by workers and guards brought production from the eastern oil fields to a near halt. Libya in August produced 575,000 barrels a day, the lowest level since the 2011 overthrow of Muammar Qaddafi. The country has the capacity to produce 1.55 million barrels daily, according to data compiled by Bloomberg.

The Hamada field is sending crude to the Zawiya export terminal, in western Libya, said Awami.

The field is operated by the Arabian Gulf Oil Co. that is also producing 23,000 barrels a day from fields in the eastern region, including Sarir, one of Libya’s largest, and Messla. Agoco has the capacity to produce 425,000 barrels a day, its spokesman Abdeljalil Mayuf said in February.

“Current production from Sarir and Messla keeps some oil flowing in the pipelines, averting a complete shutdown,” said Awami. Their production is supplying the 20,000 barrel-a-day refinery in the eastern city of Tobruk, he said.

Libya’s main producing fields now are El Feel (Elephant), Sharara, Wafa, Brega, Al Jurf and Bouri, he said.

To contact the reporter on this story: Maher Chmaytelli in Dubai at mchmaytelli@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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