Eni Production In Libya At 242,000 Boepd

Reuters

MILAN, Dec 16 (Reuters) - Italian oil and gas major Eni's production in Libya is currently running at 242,000 barrels of oil equivalent (BOE) per day, Chief Executive Paolo Scaroni said on Monday.

"In Libya we are producing 242,000 barrels of oil equivalent per day, numbers we have not seen for many months," Scaroni said at a meeting.

Eni, in Libya since 1959, is the biggest foreign oil producer in the country. It had daily production there of around 272,000 barrels per day before a 2011 uprising threw the country into turmoil.

The state-controlled oil major has seen output drop sharply as oilfields and ports have been closed during a prolonged stand-off between the government in Tripoli and former militias.

Scaroni told reporters the Wafa field in the west of Libya had restarted and that the Mellitah complex was working well.

"We are still stopped in the east of the country but that's only a small thing for us," Scaroni said.

Before the uprising against autocratic leader Muammar Gaddafi, Libya used to produce around 23 percent of Italy's foreign oil imports.

(Reporting by Stephen Jewkes; writing by Francesca Landini; editing by Tom Pfeiffer)

Copyright 2016 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Superintendent, International Rotation
Expertise: Drilling Manager|Drilling Superintendent|Petroleum Engineering
Location: Houston
 
Asset Integrity Engineer
Expertise: Petroleum Engineering
Location: Texas, United States, TX
 
Drilling & Completions Engineer Job
Expertise: Drilling Engineering|Petroleum Engineering|Workover or Completion
Location: Houston, TX
 
search for more jobs

Light Crude Oil : $50.11/BBL 1.99%
Natural Gas : $2.69/MMBtu 0.74%
Brent Crude Oil : $50.91/BBL 2.06%
Updated in last 24 hours