The General Administration of Sirte Oil & Gas Production and Processing Company restored the well (T5-13) to production. The daily production rate was 1,700 barrels of oil, without accompanying water.
The National Oil Corporation (NOC) indicated that the Sirte Company linked well No. (S2-6) to the Al-Hutaiba field, which has been closed since 2014. It added that wells (C337) (335) also resumed work with a production capacity of 750 barrels per day, on the half-inch choke without accompanying water.
Notably, the Libyan Minister of Oil and Gas, Mohamed Aoun noted that Libya has enough solar radiation to export massive amounts of electricity to other countries.
During his participation via videoconference in the Global Summit on Energy Security in India, Aoun stressed the need to transition to clean energies. However, he urged that it not take place at the expense of the African continent.
According to a statement by the Ministry, Aoun added that “more than half of the continent’s population have not seen electricity in their lives, and they have the right to live a decent life before switching to clean energies.”
Aoun referred to the start of solar projects in Libya, adding, “we have ambitious projects in various energy fields.”
Earlier this month, Aoun said that Libya plans to increase oil production to 2 million bpd within three years.
In press statements, Aoun expected that oil would gradually rise between 1.3 and 1.5 million bpd during 2023. He added that geological studies have proven the existence of large deposits of oil and gas in the Libyan economic waters in the Mediterranean.
The Minister expressed his hope to reach “amicable solutions” to the maritime border demarcation crisis with neighbouring countries, especially Egypt.
