No. 03

19 January 1998


Murzuk's Production To Rise To 200,000 B/D At End-1998; Exports To Start In EarlyApril

The Esharara crude produced from the Murzuk Basin is projected to rise from an averageof 50,000 b/d in 1997 to around 200,000 b/d at end-1998, with exports to start in earlyApril. A European consortium led by Spain's Repsol in partnership with France's Total andAustria's OMV started production from Murzuk over a year ago from the southwestern blockNC-115 (see map, MEES 12...