According to a report by Platts on August 14, Dubai, sources close to Libyan crude oil production said on Tuesday that Libyan crude oil production broke through the 1 million barrel mark for the first time since the beginning of June.
According to sources, the most new production comes mainly from the Sala Lada oil field, which increased its daily production of crude oil from 218,000 barrels last week to more than 250,000 barrels.
According to a recent survey by Standard & Poor’s Global Platts Consulting, the average daily production of crude oil in Libya fell to 670,000 barrels in July, the lowest level since April 2017.
The Sala Lada field is operated by the Libyan National Oil Company and an international consortium of French Total, Repsol, Statoil and the Austrian Oil and Gas Group. In the past few years, the Sarawaka oil field has been forced to close several times due to worker protests and attacks by the tribal militias on the export pipeline.
According to sources, the Sala Lada oil field consists of three production areas located in the southwestern part of the Myrzuk Basin. Earlier this month, two of the production areas resumed operations relatively quickly, with daily production increasing to around 200,000 barrels. However, the third producing area, the NC-186 producing area, presents a more difficult picture of safety.
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