BASF's Wintershall Says Resumes Oil Production In Libya


FRANKFURT, Sept 25 (Reuters) - German oil and gas producer Wintershall, a unit of chemicals firm BASF, said on Thursday it had resumed oil production in Libya, after a 13-month hiatus.

A spokesman at the Kassel-based firm said that Wintershall Libya had started onshore oil production in the Eastern Sirte Basin region on Sept. 22.

"We are in the process of slowly starting up our onshore production in the Libyan desert and to stabilize it at an average of 35,000 barrels per day by beginning of October," he said.

Wintershall stopped production 13 months ago when output was 90,000 bpd, compared with a pre-war volume of 100,000 bpd, he added.

Wintershall was the second-largest foreign oil firm in the country before leader Muammar Gaddafi was removed from power in 2011.

(Reporting by Vera Eckert, editing by Susan Thomas)

Copyright 2016 Thomson Reuters. Click for Restrictions.


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