NOV/10/2017
Reporting by Ahmad Ghaddar Editing by David Evans, Greg Mahlich
LONDON (Reuters) — Libya’s new Ubari gas-fired power station will initially run on up to 50,000 bpd of Sharara crude oil when it starts up in around two weeks, slashing exports from Libya’s biggest oilfield, a Libyan oil industry source said on Thursday.
The plant, if it starts on time, will initially consume 30,000 bpd of crude oil before ramping up to around 50,000 bpd, he said, declining to be identified because he is not authorized to speak to the media.
Libya will consider running the plant on feedstock other than crude in the future, as the country faces a severe shortage of electricity especially during peak winter demand, the source said.
Production at Sharara is stabilizing at around 300,000 bpd and the OPEC member’s National Oil Corp is trying to restore production to its full capacity of 340,000 bpd, another Libyan oil industry source said last week.
LONDON (Reuters) — Libya’s new Ubari gas-fired power station will initially run on up to 50,000 bpd of Sharara crude oil when it starts up in around two weeks, slashing exports from Libya’s biggest oilfield, a Libyan oil industry source said on Thursday.
The plant, if it starts on time, will initially consume 30,000 bpd of crude oil before ramping up to around 50,000 bpd, he said, declining to be identified because he is not authorized to speak to the media.
Libya will consider running the plant on feedstock other than crude in the future, as the country faces a severe shortage of electricity especially during peak winter demand, the source said.
Production at Sharara is stabilizing at around 300,000 bpd and the OPEC member’s National Oil Corp is trying to restore production to its full capacity of 340,000 bpd, another Libyan oil industry source said last week.
