Libya's NOC announces reopening of As-Sarah fieldsStaff 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.
Energy More than 50,000 barrels per day
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. ■