|
. | . |
|
by Daniel J. Graeber Vienna (UPI) Oct 20, 2014
Austrian energy company OMV said Monday its quarterly production was boosted by the resumption of operations in war-torn Libya. "Production levels in the third quarter of 2014 increased by 5 percent versus the second quarter as production in Libya partially resumed," the company said in its report. In its report for the second quarter, OMV said much of its Libyan assets were shut in by violence and the security situation there remained difficult. OMV's statement follows a condemnation of the latest violence from the governments of France, Italy, Germany, the United Kingdom and the United States. "Libya's hard fought freedom is at risk if Libyan and international terrorist groups are allowed to use Libya as a safe haven," their Saturday statement read. Forces loyal to former Gen. Khalifa Haftar last week tried to reclaim the restive city of Benghazi from Islamist militias. At least 12 people died as a result of the violence. In its latest monthly market report, the Organization of Petroleum Exporting Countries said production from member state Libya in September was around 800,000 barrels per day, about two-thirds its normal production levels.
Related Links All About Oil and Gas News at OilGasDaily.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |