By Benoît Faucon
Striking workers have shut down an important Libyan oil field in
a dispute over wage payments, a Libyan official said Sunday.
The job action by guards at the el-Feel oil field comes as the
country's petroleum industry has been disrupted by armed conflict
between two rival governments, terrorist attacks and sabotage. The
field is jointly run by Italian energy giant Eni SpA and Libya's
National Oil Co.
The el-Feel field is an important part of what remains of
Libya's oil industry, producing about 100,000 barrels a day of the
country's output of less than 600,000 barrels a day. The country is
capable of producing about 1.5 million barrels a day.
A National Oil Co. spokesman said he expects el-Feel's
production to resume "soon" and that the interruption was "only
temporary." Eni referred calls to the Libyan government.
Access Investor Kit for Eni SpA
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=IT0003132476
Access Investor Kit for Eni SpA
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US26874R1086
Subscribe to WSJ: http://online.wsj.com?mod=djnwires