Libya‘s oil production has reached one million barrels per day, which is the highest in the past two months, according to the Middle East Monitor website.
Yesterday, the head of the General Oil Syndicate, Salem Al-Rumaih, reported that all oil fields, including the Sharara field, had 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.
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 installations and the normal resumption of production and export operations.
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: According to the Middle East Monitor website + Libya Al-Ahrar channel