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Mon 21 Feb 2011 03:35 PM

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Libya's Ghanem can't say if unrest affecting oil production

'Until now, we don’t have any information', chairman of Libya's National Oil Corp says

Libya's Ghanem can't say if unrest affecting oil production
MAJOR SUPPLIER Libya pumped 1.59 million barrels of oil a day last month, according to Bloomberg estimates (Bloomberg Images)

Shokri Ghanem, chairman of Libya’s National Oil Corp, said he didn’t know if unrest sweeping the North African nation has affected its output of crude.

“Until now, we don’t have any information,” Ghanem said when asked about any such impact on production. He spoke in a brief telephone interview from the country’s capital, Tripoli.

Al Jazeera, the Doha-based broadcaster, reported earlier that Libya’s Nafoora oil field had stopped producing because of an employee strike.

Libya has Africa’s biggest crude reserves and is the continent’s third-largest oil producer after fellow OPEC members Nigeria and Angola. It pumped 1.59 million barrels a day last month, according to Bloomberg estimates.

Foreign oil companies operating in Libya include BP, Eni and Statoil.

Saif Al Islam Qaddafi, a son of Libyan leader Muammar Qaddafi, called on protesters to engage in dialogue with the government or face a civil war that could jeopardise the country’s oil wealth. At least 233 people have died in Libya, with hundreds injured in the clashes between Qaddafi’s forces and anti-government protesters since February 16, according to New York-based Human Rights Watch.

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Dr. Monem Alyaseer 8 years ago

Dr. Shukri Ghanem is strongly urged by his fellow countrymen to make his position before February 23, and state if he is with the Gaddafi or with the Libyan people.