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
Turkiye intercepts uncontrolled drone over Black sea
ANKARA: Turkiye shot down an uncontrolled drone approaching its airspace over the Black Sea, the defense ministry said.
The incident follows Turkiye’s warning last week of Black Sea escalation after Russian attacks on Ukrainian ports that damaged three Turkish-owned cargo vessels.
In a statement, the ministry said Turkish and NATO F-16 jets were put on alert to ensure the security of Turkish airspace after the detection of the drone.
It was determined that the drone was out of control and it was shot down in a safe area, the ministry added in Monday’s statement, but did not elaborate on its type or origin.
The attacks on Ukrainian ports came days after Moscow threatened to “cut Ukraine off from the sea” following Kyiv’s attacks that damaged three ‘shadow fleet’ tankers heading to Russia to export its oil in the Black Sea.
