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Libya Restarts Sharara and El Feel Oil Fields As Pipeline Protests End

Oil

Libya has restarted its 300K b/d Sharara and 90K b/d El Feel oil fields as disruptions at the sites (including armed protests at pipelines linked to the Sharara oil field) came to an end, Reuters reports. However, the country’s output is still vulnerable to disruption with facilities having repeatedly been closed and reopened in 2017 amid ongoing unrest. Libya’s oil production averaged around 610K b/d in March, according to the International Energy Agency. State-oil firm NOC is aiming to raise output to 1.1M b/d by August, but has noted that unplanned shutdowns could push this target back.