Libya Oil Output at Around 1.05 mln bpd
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OPEC member Libya's oil output is at around 1.05 million barrels per day despite a continuing outage since February at its 70,000 bpd El Feel oilfield, a Libyan oil source told Reuters on Friday.
A second Libyan oil source said production was lately fluctuating more or less around the 1.1 million bpd level.
It is common for Libyan production to fluctuate due to poor infrastructure in the country.
The western El Feel oilfield was shut on Feb. 23 and state-owned National Oil Corp declared force majeure on crude loadings at the Mellitah oil terminal the following day.
The shutdown was linked to a protest by members of the Petroleum Facilities Guards over their pay and other benefits.
While the PFG announced on March 7 that a deal had been reached to reopen the field it remains shut because of security concerns, the two sources said.
"There are still threats to workers at the field, that's why they can't return," one of the sources said without specifying the source of the threat.
The second source said the presence of militias in the vicinity of the field was the cause behind the delay in reopening it.
Reporting by Ahmad Ghaddar
