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    Work on Libyan Gas Field Resumes

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Summary

Operations on Irda natural gas field in Libya have resumed after protesters agreed to a deal, state owned Sirte Oil Co said, Reuters reported Sunday.

by: shardul

Posted in:

Asia/Oceania

Work on Libyan Gas Field Resumes

Operations on Irda natural gas field in Libya have resumed after protesters agreed to a deal, state owned Sirte Oil Co said, Reuters reported Sunday.

"We have reached an agreement with the protesters to end their strike," the Sirte Oil spokesman said, without giving details of the deal. According to Reuters, protesters had demanded jobs at the oil company and had prevented staff from working at the company's headquarters.

Work on nearby Sahel gas field could also have stalled if protests had continued, the company stated. The two fields produce a combined 150 million cubic feet of gas per day.

Libya’s oil and gas output has declined sharply since the ouster of Muammar Gaddafi. The industry has been gripped by instability as various armed factions fight for control.