Russia’s Gazprom resumes oil production in Libya

Russia’s Gazprom – the country’s energy giant -said it had resumed oil production in Libya following a 10-month hiatus, according to Russian news agency TASS on Tuesday.

“Due to a force majeure, we were forced to suspend oil production in Libya from the autumn of 2020.” The managing director of Gazprom’s subsidiary, Gazprom EP International, Sergey Tumanov, explained, adding that the ports, export terminals and production facilities in Libya gradually restarted operations.

Tumanov indicated that after 10 months, their oil production has successfully resumed in their field in Libya, adding that Gazprom aims to increase production from 43,000 to 62,000 barrels per day this year.

Tumanov also highlighted the progress made in the joint venture project in Libya with the Germany-based Wintershall Dea company, saying they transferred the duties of the field development operator in units 91 and 107 in the Sirte Basin to the joint venture they had established with the Libyan National Petroleum Company (NOC).


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