Gaddafi loyalists disable oilfield

Italian oil major Eni fears its largest oilfield in Libya, known as Elephant, may be in ruins, which could dash hopes of a speedy return of Libyan supplies to global markets after months of war.

“One volunteer went with a squad of 10 rebel fighters, who escorted him on a two-to-three-hour survey in which he took pictures of the mess,” Eni’s Libyan operations manager, Mustafa Abougfeefa, said in an interview.

The field, which pumped 130,000 barrels of oil per day before the war, was found in ruins, with its airport completely destroyed along with crucial monitors and key electronic structures, he said.

“We cannot promise the field will start producing before the end of the year. Gaddafi’s militia destroyed everything,” Abougfeefa said.

The process could take even longer because the area remains a hotbed where clashes between rebel fighters and troops of former leader Muammar Gaddafi continue.

Read More

http://www.reuters.com/article/2011/10/05/us-eni-libya-idUSTRE7944Z920111005

Advertisements
This entry was posted in Libya, News and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s