CFO: OMV Production In Libya Still Interrupted


VIENNA, Nov 19 (Reuters) - Austrian oil and gas group OMV's production in Libya continues to be interrupted by security problems, finance chief David Davies said on Tuesday.

"It is down. We have not produced for several weeks now in Libya. Very small volumes or main production has been shut in," he told reporters, adding he could not forecast when full output might resume.

At full production. Libya accounts for 32,000 barrels of oil equivalent per day for OMV, which this month cut its forecast for 2013 production due to output problems in countries including Libya and Yemen.

(Reporting by Angelika Gruber and Michael Shields; editing by Jane Baird)

Copyright 2017 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Duncan: Field Materials Coordinator
Expertise: Materials Management |Supply Chain Management
Location: Duncan, OK
Lead Riser Engineer
Expertise: Project Engineer|Subsea Engineering|Umbilicals, Risers and Flowlines
Location: Houston, TX
Materials Coordinator
Expertise: Inventory Control|Materials Management
Location: Anchorage, AK
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours