Libya’s Al-Bayda oil field reopens after four-year stoppage, pumping 10,000 bpd – official

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BENGHAZI, Libya  – Libya’s eastern Al-Bayda oil field returned to production on Tuesday after a four-year stoppage and is pumping 10,000 barrels per day (bpd), a spokesman for the Arabian Gulf Oil Company (AGOCO) said.

Al-Bayda was producing 14,000 bpd before output stopped due to poor security, blockades on exports, and damage to infrastructure, said AGOCO spokesman Omran al-Zwai.

He said 60,000 barrels of oil in storage tanks at Al-Bayda would be exported now that the field, which is located south of the town of Maradah, had started pumping again.

AGOCO, an eastern based subsidiary of the National Oil Corporation (NOC), was exporting normally through the ports of Hariga and Zueitina, Zwai said.

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