TRIPOLI: It remains too early to assess the level of Libya’s oil exports, which should resume shortly, its new oil minister told Reuters on Friday.
"I’m still looking to know the volume," Ali Tarhouni said. When asked when exports might resume, he replied: "In a few days."
Libya’s Arabian Gulf Oil Company (Agoco) said on Friday it expected output from its eastern oilfield Sarir to rise steadily to 200,000 barrels per day by the end of September, allowing one export cargo every 10 days.
"We are producing 150,000 bpd from 100 wells. We will try to get to 200,000 bpd by the end of the month," said Abdeljalil Mayuf, spokesman for Agoco.
Production has resumed in the past week and Agoco is the only company known to be pumping oil.
