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Libya’s Oil Output Nudges Higher

  • Production rises to 485,000 barrels a day: NOC Chairman
  • Tanker Ionic Anassa to arrive at Zueitina oil port on Oct. 3
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Libya, struggling to revive its energy industry after five years of armed conflict, restarted production at an eastern oil field and was poised to export crude from the port of Zueitina for the first time since November.

Germany’s Wintershall AG began pumping at Concession 96 in the As Sarah field on Sept. 16 and is producing 35,000 barrels a day, a company official said Wednesday in an e-mailed response to questions. Wintershall restarted production at the request of Libya’s National Oil Corp. and will send oil from the field to Zueitina for export, the official said.