DUBAI: Libya’s Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) said in a statement on Wednesday.
Production officially restarted on Sunday at an initial rate of 5,000 barrels per day, according to the statement, with plans for an increase to 7,000 bpd by the end of March and 25,000 bpd by July.
Crude began to be transferred to the nearby Al-Bahi field on Tuesday as part of efforts to improve the efficiency of the country’s oil infrastructure and operations.
Libya’s National Oil Corporation (NOC) had said it planned to reopen the Mabruk oilfield in the first quarter of 2023 with production up to 25,000 barrels per day.
The field had been closed in 2015 after what NOC described as a “terrorist” attack that cost the company $575 million in field equipment losses.
Libya, holding Africa’s largest proven oil reserves, has struggled to maintain consistent output levels due to internal conflicts and infrastructure damage since 2011.
“This marks a significant step forward in Libya’s oil sector, reflecting improved stability and confidence in our capacity to rebuild and boost the national economy,” Wednesday’s statement said.
Oil production resumes at Libya’s Mabruk field after a decade
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Oil production resumes at Libya’s Mabruk field after a decade
- Production officially restarted on Sunday at an initial rate of 5,000 barrels per day
- Crude began to be transferred to the nearby Al-Bahi field
Iran president says Khamenei killing ‘declaration of war against Muslims’
- Masoud Pezeshkian says avenging the killing of the supreme leader was a right and obligation of the Islamic republic
- Hezbollah vowed Sunday to confront the United States and Israel over their strikes
TEHRAN: Iran’s President Masoud Pezeshkian said Sunday that the killing of supreme leader Ayatollah Ali Khamenei in US and Israeli strikes was a “declaration of war against Muslims.”
“The assassination of the highest political authority of the Islamic Republic of Iran and a prominent leader of Shiism worldwide … is perceived as an open declaration of war against Muslims, and particularly against Shiites, everywhere in the world,” Pezeshkian said in a statement carried by state TV.
Pezeshkian said that avenging the killing of the supreme leader was a right and obligation of the Islamic republic.
“The Islamic Republic of Iran considers it its legitimate duty and right to avenge the perpetrators and masterminds of this historic crime,” said Pezeshkian.
Lebanese militant group Hezbollah vowed Sunday to confront the United States and Israel over their strikes on the group’s key backer Iran.
“We will undertake our duty of confronting the aggression” of the US and Israel, Hezbollah chief Naim Qassem said in a statement, adding that they would not leave “the field of honor and resistance.”
