Production at Libya’s ~270,000 bpd Sharara oil field may come to a complete halt on Monday according to Bloomberg reports.

  • Production has now fallen by 100,000 bpd vs prior report of 50,000 bpd.
  • Employees received orders to trim the field’s output according to Bloomberg reports.
  • It is not clear where the orders came from though Reuters have reported on protester activity, something the field has frequently had issues with in the past.

OIL: 100,000 bpd Production Drop at Libya's Sharara Field

Last updated at:Aug-05 08:39By: Andrew Couper

Production at Libya’s ~270,000 bpd Sharara oil field may come to a complete halt on Monday according to Bloomberg reports.

  • Production has now fallen by 100,000 bpd vs prior report of 50,000 bpd.
  • Employees received orders to trim the field’s output according to Bloomberg reports.
  • It is not clear where the orders came from though Reuters have reported on protester activity, something the field has frequently had issues with in the past.