He said current production in the OPEC member was 350,0000 bpd but reiterated that it could take up to 15 months for output to return to pre-war levels.
While most oil producing facilities were intact, major damage at Libya’s largest oil terminal Es-Sider, which exported almost half a million barrels of crude oil per day before the war, would require extensive work.
“The only major damage is at Es-Sider. It will take 1-2 months to restart operations there, but up to 15 months to replace and repair damaged parts there,” Nouri Berouin said.
Refinery output was also gradually picking up, he said, with operations at the 120,000 bpd Zawiya refinery resuming on Sunday and running at around half capacity.
But runs would remain limited until Libya’s largest 220,000 bpd Ras Lanuf refinery restarted.
“Ras Lanuf is ready to begin processing, and will restart when output has reached 500,000 bpd, in around 1-2 months,” he said.
Libya expects two major oil fields to resume
Publication Date:
Tue, 2011-10-04 00:29
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