Libyan Gas Revival Mirrors Oil Surge

Libyan gas production has hit 1.5bn cfd (15.5 bcm/year) and pipeline exports to Italy are running at 625mn cfd (6.46 bcm/year) Nouri Berruien, head of state firm National Oil Corporation (NOC) tells MEES. Meanwhile oil output, including condensate, has breached the 1.4mn b/d mark.

“All our oil facilities are back up and running fine, with the exception of [the 220,000 b/d] Ras Lanuf refinery. And all our fields, except for maybe two small...