Abu Attifel oil field restarts as libya pumps over 500,000 b/d: sources

摘要

London-Abu Attifel is the latest oil field in Libya to restart as the recovery in the OPEC member's production starts to pick up speed, industry and trading sources said Oct. 20, taking the country's output close to 600,000 b/d. Libya's crude and condensate output has more than quadrupled over the past month, averaging just over 500,000 b/d on Oct. 20 as some key fields in the southwest and southeast have restarted operations, sources added. Production has been on a steep upswing since Sept. 18, when the UN-backed Government of National Accord and the self-styled Libya National agreed a peace deal that lifted the eight-month-long oil blockade The 70,000 b/d Abu Attifel field restarted late on Oct. 19 and output is expected to ramp up gradually in the first week, sources said. The Abu Atiifel crude grade is exported via pipeline from the Zueitina terminal.