Libya: Production cut by 200,000 barrels of oil per day for...

The Libyan National Oil Corporation announces that the Waha Company will reduce production in the main oil line by 200,000 barrels per day for a week, due to maintenance work.

  • Libya: losing 200,000 barrels of oil per day for a week
    Al-Waha Point Company has completed all technical preparations to start reducing production

The Libyan National Oil Corporation announced that the Waha Company will reduce production in the main oil pipeline, with a loss of 200,000 barrels per day for a week, due to maintenance work.

And the corporation stated in a statement that, “The National Oil Corporation decided, as of midnight tomorrow, Sunday, to start the necessary and necessary maintenance operations for the main crude oil pumping line linking between the Al-Sammah fields – Al-Dahra and from there to the Sidra port.”

The Waha Oil Company confirmed that it had completed all the technical equipment to start reducing production until Monday, and starting the process of treating and cutting the dead pipe as of next Tuesday, for a week, which means, in numbers, a loss of 200 thousand barrels per day and a loss of sales opportunities exceeding 107 million US dollars.

The Corporation indicated that, “Despite all this, the National Oil Corporation and its subsidiaries are keen to reduce the maintenance period and work in a fast-paced manner. We have great confidence in our technical cadres and their ability to work periodically and continuously to resume production.”

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