LIBYA

The ramp up of the El-Feel field offers some hope that output can be revived, but the problems in Libya’s oil sector are highlighted by a gasoline shortage in Tripoli.

Libya’s new Oil Minister is optimistic that output will recover after falling to rock bottom levels in recent weeks, and expects other OPEC members to, if necessary, cut back production to accommodate rising Libyan volumes.

Umar Shakmak, who took up one of the most unenviable positions in the industry in...