Rystad Energy Warns of Collapse of Wells and Oil Infrastructure in Libya.
Pulbished on:
Tripoli, 9 August 2020(Lana) The Rystad Energy Research and Oil
information Co. has warned that the Libyan oil blockade, which is
entering its seventh month, reducing production to 100000 bpd from
1.2 million bpd, has also helped reduce international oil production
surplus estimated at 58.600 million barrels.
According to report posted to the Company's Facebook page, the
damage caused to the oil blockade in Libya, not only in the short
run, but also negatively impacted oil infrastructure and oil wells,
and rehabilitating wells and pipelines would require a lot of
investment.
=Lana=