Libya Disruptions Intensify Despite Elephant Restart
The second week of August saw nation-wide protests at export terminals slash another 65,000 b/d off Libyan crude production, according to MEES estimates. The drop comes despite the 10 August resolution of a strike at the 100,000 b/d Eni-operated Elephant (Feel) field, offline since late May. “The strike is over. We started production on Saturday. It is ramping up and today is 63,000 b/d,” a source from...
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