Related Articles
Forward article link
Share PDF with colleagues

EXCLUSIVE: Libya rebels eye oil restart in weeks

The resumption of oil production, and exports, from rebel-controlled Libyan oilfields is vital to the success of the insurgency

In the first of a series of exclusive reports from Benghazi, the capital of rebel-held east Libya, Petroleum Economist’s Derek Brower reports on TNC plans to resume oil production from desert fields – giving the insurgents a much-needed source of cash OIL production from the key, rebel-held Sarir and Misla oilfields in eastern Libya could be on stream again within weeks, senior sources in the Transitional National Council (TNC) claimed. The export pipeline connecting the fields to Tobruk has not been damaged, they added. The oilfields, which produced around 300,000 barrels a day (b/d) before the rebellion began on 17 February, were shut in after forces loyal to Muammar Qadhafi shelled surf

Also in this section
Venezuelan crunch time
17 November 2017
Venezuela faces steep bond payments before the end of the year. It is looking to Russia to help keep it from default
Taking a chance in Kurdish Iraq
16 November 2017
The KRG referendum result and subsequent Iraqi army offensive against the Kurds underline how risky it is for companies involved in the export and sale of Kurdish crude
Iraq—the end of the beginning
16 November 2017
Iraq's army has retaken Kurdish-controlled areas around Kirkuk in the north, while neighbouring states are considering their long-term response to the independence referendum