Libya's El Sharara and El Feel oilfields remain closed due to protests and a pipeline blockage, oil officials said on Monday.
Tribal elders have been trying for months to resume work at both fields, which could add some 400,000 barrels per day (bpd) of crude, doubling Libya's current output.
Unconfirmed postings on social media suggested there had been progress in the talks but Mohamed El Harari, spokesman for state oil firm NOC, said the fields were still closed.
An oil source at the western Zawiya port linked to the El Sharara oilfield said there were efforts to reopen the 340,000-bpd field but so far there was no breakthrough. An engineer at El Feel also said there was no sign of output resuming. The two oilfields have been shuttered by salary demands from security guards and the country's conflict between the two rival governments vying for control of the north African OPEC state.The key word in that story: tribal.
The entire Arab Mideast is tribal. See first comment at this post. Folks talk a lot about Saudi's external threats (terrorists, Iran). If things become dire for Saudi Arabians because of $60 oil for a prolonged period of time, be prepared for internal tribal conflict/warfare. The House of Saud may have bigger worries internally than externally.
**********************
In Case I Forget
I think a lot of folks still get upset when they hear President Obama talking about global warming. His speeches on this subject and actions regarding global warming are for one purpose only: a Nobel prize. A Nobel prize trumps everything. Once one realizes his laser focus on a second Nobel prize, it explains everything.
No comments:
Post a Comment