European firms OMV and Repsol have factored in near-uninterrupted Libyan output in a bid to hit their corporate 2019 output targets. This looks optimistic.

Spain’s Repsol and Austria’s OMV are key foreign partners at Libya’s 300,000 b/d-capacity Sharara concession. Here output was shut in following a series of attacks late last year, only restarting in early March (MEES, 8 March). The facilities again came under rocket fire on 29 April, whilst output was previously shut in...