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Libya Pumping Most Oil Since 2014 Even as Dispute Slows Recovery

  • Production exceeded 800,000 barrels a day and could be higher
  • Wintershall says pumping halted on lifting-program exclusion

Libya’s crude output exceeds 800,000 barrels a day and could be even higher if not for internal disputes that led to losses in production by Wintershall AG.

The North African country would be pumping almost 1 million barrels a day if it weren’t for a disagreement between the state-run National Oil Corp. and Libya’s Presidential Council that led Wintershall to shut down its production, according to the NOC. Wintershall said it stopped pumping oil at its onshore Concession 96 because it wasn’t included in the latest lifting programs for Amna grade crude at Libya’s Zueitina terminal.