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Libya's NOC says crude output down 360,000 bpd over field closures
August 30, 2017 / 7:40 AM / 3 months ago

Libya's NOC says crude output down 360,000 bpd over field closures

TRIPOLI, Aug 30 (Reuters) - Libya’s crude production has been cut by 360,000 barrels per day after armed brigades blockaded pipelines and closed three major oilfields, state-run National Oil Corporation said in a statement on Wednesday.

Shutdowns have so far cost $160 million in lost oil sales. The NOC said it will supply its Zawiya refinery by sea to keep the plant producing for domestic consumption after the Sharara, El Feel and Hamada oilfields were closed. (Reporting by Ahmed Elumami; writing by Patrick Markey)

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