Libyan Sit-Ins Continue To Hit Output
Joint ventures grouping IOCs and Libya’s National Oil Company (NOC) stressed at their annual general meetings, held at the end of December and early January, the growing problem of sit-ins and strikes and the impact this was having on production. Libya’s crude output fell for the second straight month to around 1.45mn b/d for December (see page 18 and graph).
The Waha (Conoco/Marathon/Hess), Zueitina...