After a month-long shutdown, Libya is gearing up to restart its oil production following the appointment of a new head of the central bank. Engineers from oilfields Jalu 59 and Elfeel have confirmed that they are ready to resume operations pending orders from the state oil firm.
The closure in August was a result of protests by the eastern Libyan government over the removal of the veteran CBL governor. However, with the approval of a new governor and deputy by the legislative bodies, production is expected to return to normal levels soon.
During the hiatus, maintenance work was carried out at the oilfields, ensuring smooth operations once production resumes. The restart of production is critical for Libya’s economy, as the country heavily relies on its oil exports.
