Africa Oil & Gas: Libya oil looks steady

A general view of the El Sharara oilfield, Libya
A general view of the El Sharara oilfield, Libya December 3, 2014.Ismail Zitouny/File Photo

Libya suffered some temporary setbacks recently at a handful of oil projects, but the country’s output has proved resilient.

The IEA said in a report this week that the North African country’s output was steady and looks set to “hold onto recent gains.” Libya’s production has held up at about 1 mb/d for nearly six months. 

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