The head of the General Petroleum Syndicate, Salem Al-Rumaih, reported that all oil fields, including the Sharara field, have resumed production.
Al-Rumaih added, in a statement to Libya Al-Ahrar TV, that production quantities are going well and will gradually double, until they reach 1,200 million barrels per day, according to him.
Al-Rumaih pointed out that there are many oil fields and wells that need development and maintenance in order for production to return to 1,600 million barrels per day.
Al-Rumaih expected production to increase in 2025, if the National Oil Corporation was restructured and appointed competent people with the ability to manage and develop the oil sector.
Last Thursday, the government appointed by the House of Representatives announced the lifting of the state of force majeure on all oil fields, ports, and facilities, and the resumption of production and export operations normally.
The orders to stop oil production and close the fields came from the government appointed by Parliament in response to the tension that the country witnessed regarding the Central Bank, after the President of the Presidential Council, Mohamed Al-Manfi, issued a decision to replace the Governor of the Central Bank, Al-Siddiq Al-Kabir, and the Board of Directors, a step that was rejected by Parliament.
The closure of fields and ports contributed to losses estimated at approximately 850 thousand barrels per day, at a rate of 416 million dinars, as a result of stopping exports from oil ports, according to a previous statement by Al-Rumaih to Libya Al-Ahrar Channel.
Source: Libya Al-Ahrar Channel