Libyan crude output rises faster than expected

With foreign workers yet to re-enter in significant numbers, NOC has defied political and security problems to get a larger proportion of Libyan production back on stream than many analysts predicted, writes John Hamilton. Production from Libya’s 11 crude oil streams is expected to exceed 800,000 b/d by year-end, and could reach more than 1.3m b/d by end-2012, according to data released by National Oil Corporation (NOC). This revealed that the only stream not expected to be active by end-2011 is Es-Sidrah, which is produced from fields operated by Waha Oil Company (WOC) and Mabruk Oil Operations (MOO). NOC forecast that Es-Sidrah production ..