Libya’s Waha Oil Company is gearing up to restart the second phase of its key El-Farag gas field development, it said March 26. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Libya’s El Farag gas field is currently producing 15,000 b/d of condensate and 70 MMcf/d, Ali el-Farsi, a media coordinator at Waha Oil told S&P Global Platts. The company restarted phase 1 of the El Farag gas field in November after an eight-month hiatus and by April 7 the second phase will resume, the statement said. “This is a vital, important and strategic project that will support the electric power plants, and despite the scarcity of spare parts due to poor funding and the country’s conditions, we will work to operate the second phase soon,” said Waha Oil Chairman Nouri Al-Seid. After the completion of the second phase, El Farag […]