Libya's Largest Oil Field `Back to Normal' After Disruption

  • Sharara resumed pumping oil after protest: National Oil Corp.
  • OPEC member’s output, exports reached three-year high in July

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Libya’s biggest oil field Sharara is “back to normal” after a disruption caused by protests in the politically fragmented country, the state National Oil Corp. said.

Pumping was interrupted for “hours” after armed protesters shut some facilities, the NOC said in a statement. The company didn’t give an updated figure for production at the field, nor did it explain what caused the disturbances or say who the protesters represent. Sharara in western Libya was producing 275,000 barrels a day as of July 12, a person with knowledge of the situation said at the time.