Up 150,000 b/d from December and driven by up-stepped Libyan production PR Newswire
"The Libyan situation has a long way to go to play out but this is clearly good news," said
Production from Sharara has since been cut by 40% after an armed group, at the beginning of February, forced the partial closure of a pipeline linking it with the Zawiya terminal and refinery.
Libyan production has been disrupted intermittently by strikes and protests since late May last year. Earlier in 2013, output had recovered to around 1.4 million b/d from virtually zero in 2011 during the uprising against Moammar Qadhafy.
Operated by Akakus, a joint venture between
There were also small production increases totaling 70,000 b/d from the
Iraqi output fell back below 3 million b/d as southern exports fell.
The oil producer group has an official crude output ceiling of 30 million b/d, in place since
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