.
.
.
.

Austrian oil and gas group OMV producing in Libya again

Austrian oil and gas group OMV is shipping its first supplies out of the country and producing oil in Libya.

Published: Updated:

Austrian oil and gas group OMV has begun producing oil again in Libya and is shipping its first supplies out of the country, Chief Executive Gerhard Roiss said on Tuesday.

"We're already producing around 8,000 barrels," he told a news conference. "We have prepared the first cargo, which is on its way to Trieste to supply our refinery in Burghausen, and are in the process of loading a second."

Jaap Huiskjes, OMV's head of exploration and production, said output was rising. "It is fluctuating strongly but in the third quarter to date we have on average produced around 12,000 barrels per day in Libya," he said, adding it would have to wait and see how output continued.