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Agoco pumping 260,000bpd in Libya

Libya's total oil production levels are down to around 400,000bpd

Libyan oil firm Arabian Gulf Oil Company (Agoco) has announced that it is currently producing around 230,000-260,000 barrels per day. The figure is down by around 35,000bpd as protests have closed the Nafoura oilfield.
Agoco operates Libya’s key port of Hariga, which it claims remains fully operations.
“The Nafoura field is still closed,” said Agoco’s spokesman. “But Hariga port is working normally.”

Agoco exports oil from the southeastern fields of Sarir and Messala from Hariga. It also has fields connected to the port of Zueitina, but protesters blocked the pipeline to that port a week ago, forcing the Nafoura oilfield, which had pumped up to 35,000 bpd, to shut down.

Elsewhere in Libya, the El Feel oilfield, in the west of the country, remains closed, due to a strike by security personnel.

A swathe of protests and oilfield shutdowns has seen Libya’s production figures fall to around 400,000bpd in recent weeks.
The problems are being exacerbated by Libya’s political problems, as two rival government factions vie for control of the country’s hydrocarbon resources.

Staff Writer

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