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Libya's NOC announces reopening of As-Sarah fields

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Staff Writer | January 22, 2018
Libya's National Oil Corporation (NOC) announced on Sunday the reopening of the eastern As-Sarah oil fields, where more than 50,000 barrels per day (bpd) had been shut in by a blockade since November.
National Oil Corporation
Energy   More than 50,000 barrels per day
The NOC said the municipality of the Jakhira oasis decided to reopen the fields under pressure from the NOC and Libya's public prosecutor.

The fields are in a concession held by Germany's Wintershall, which the NOC blamed for an "unauthorised" shutdown it said had cost Libya more than $281 million.

It called the decision to reopen the fields a "humiliating setback" for a parallel NOC based in eastern Libya.


 

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