Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Libya restarts El Sharara oilfield after protest ends  Join our daily free Newsletter

MENAFN - Arab News - 06/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Libya has restarted oil production at the southern El Sharara field with an initial output of 60,000 barrels a day after protesters ended a blockade, the state National Oil Corp (NOC) said.
Tribesmen calling for greater local power had blocked the field since the end of October, one of many disruptions that have crippled Libya's oil sector. Oil production had fallen to 250,000 bpd from 1.4 million bpd in July.


NOC hoped to reach the field's maximum output capacity of around 340,000 bpd within two to three days, spokesman Mohamed Al-Harari said. "Production started last night," he said.


Libya is in turmoil as the government struggles to rein in dozens of militias that helped topple Muammar Qaddafi in 2011 but kept their guns to make political and financial demands.


Last week, the protesters at El Sharara agreed to suspend their action after the defense minister visited them and said the government would look into their demands. They want the establishment of a local council and the granting of national identity cards for tribesmen from the Tuareg minority.


The field, located in the remote and volatile south, supplies crude to the western Zawiya export terminal and feeds the 120,000-bpd Zawiya refinery.


There is no sign of progress in the east of the country despite the government's announcement last month of another attempt by tribal elders to pressure an autonomy group to end a blockade of the Ras Lanuf, Es-Sider and Zuweitina ports, which accounted previously for 600,000 bpd.


The group demands autonomy for the east and a greater share of the oil wealth, Libya's main source of income.

 


Arab News




  MENA News Headlines
 Aug 3 2015 - Kuwait- Toyota Mirai Sets Record For Zero-Emission Driving RangeArab Times
(MENAFN - Arab Times) The new Toyota Mirai hydrogen fuel cell vehicle has proved it can go the distance, achieving 67 miles (108 KM) per gallon in official US combined city/highway driving ...

 Aug 3 2015 - Russia- 3 Women Allegedly Bilk 'IS Recruiters'Arab Times
(MENAFN - Arab Times) Police in Russia's province of Chechnya have opened a probe against three local women who have allegedly cheated the Islamic State group out of money.Regional police spokesman ...

 Aug 3 2015 - US- Hackers Target Guns, Cars Smart Gadgets 'Ripe' For HackingArab Times
(MENAFN - Arab Times) Hackers are not just after your computer: connected devices from cars to home security systems to sniper rifles are now targets for actors looking to steal or cause mischief.The ...

 Aug 3 2015 - UAE Refers 41 'Caliphites' To Trial 'Arab Times
(MENAFN - Arab Times) The United Arab Emirates is to try 41 people for allegedly seeking to overthrow the government to set up an Islamic State group-style caliphate in the Gulf state, prosecutors ...

 Aug 3 2015 - Kuwait- Festival Promotes Love For Country, Culture, HeritageArab Times
(MENAFN - Arab Times) Minister of Information and Minister of State for Youth Affairs Sheikh Salman Al-Sabah inaugurated Saturday evening the 17th edition of the children and pre-teens cultural ...

 Aug 3 2015 - Kuwait- MPs Mount Pressure On Govt To Set Up Policy For Fighting TerrorArab Times
(MENAFN - Arab Times) The MPs continue to mount pressure on the government to contribute in setting up security policies for fighting terrorism after MP Faisal Al- Duweisan obliged the government to ...

 Aug 3 2015 - Kuwait- Concerns On Freelance Protectors Of MosquesArab Times
(MENAFN - Arab Times) Groups of volunteers who have vowed to protect the mosques and places of worship putting their lives at risk, say they are working without the knowledge of the ministries of ...

 Aug 3 2015 - Kuwait- 'Tax Law' On Firms As Of November '19Arab Times
(MENAFN - Arab Times) Ministry of Finance is preparing to implement a Tax Law on companies as of November 2019.The companies in return will receive a package of privileges and government services ...

 Aug 3 2015 - MPs Urge Kuwaitis To Rally Behind LeadershipArab Times
(MENAFN - Arab Times) As Kuwait commemorates the 25th anniversary of the Iraqi invasion, the lawmakers urged the citizens to rally behind their legitimate leadership and to draw lessons from this ...

 Aug 3 2015 - Centuries Old Iconic Art Of Algeria's ConstantineArab Times
(MENAFN - Arab Times) Algerian Malouf music has been attached to Constantine, capital of Eastern Algeria, making it the city of classical Arab-Andalusian music, although this art, which has been ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help