- Title: LIBYA: Security impacts oil sector says deputy oil minister.
- Date: 18th September 2012
- Summary: TRIPOLI, LIBYA (SEPTEMBER 18, 2012) (REUTERS) LIBYAN DEPUTY OIL MINISTER, OMAR SHAKMAK CLOSE OF A PLATE READING (IN ARABIC): "CERTIFICATE OF APPRECIATION" (SOUNDBITE) (English) DEPUTY OIL MINISTER, OMAR SHAKMAK, SAYING: "Of course in general it has an impact on the security issue in Libya, in all sectors not only the oil. And mainly in the oil sector because we have international companies as a partner and we have as well services companies, international and foreign serves companies." LIBYAN FLAG PIN (SOUNDBITE) (English) DEPUTY OIL MINISTER, OMAR SHAKMAK, SAYING: "This is important for any management to make sure that their staff, their people, to be safe and secure, so this is a normal reaction. I hope it doesn't take long but for the first say six-eight weeks could be accepted." CERTIFICATES (SOUNDBITE) (English) DEPUTY OIL MINISTER, OMAR SHAKMAK, SAYING: "The production now is over 93 percent (93%) of the production as it was in January 2011, and this rate will be the average to cap out 1.64, which is a positive figure." SHAKMAK TALKING TO JOURNALIST
- Embargoed: 3rd October 2012 13:00
- Keywords:
- Location: Libya
- Country: Libya
- Topics: Politics
- Reuters ID: LVADZZ9NROJK4YB6UMJ9RP23WWWC
- Story Text: Libya's deputy oil minister said on Tuesday (September 7) that recent security incidents in the country would have an impact on the oil sector.
The eastern city of Benghazi has seen a spate of attacks in recent months against Western missions and aid organisations and Shakmak said he could understand international entities might be concerned, be he hoped it would be temporary.
"Of course in general it has an impact - the security issue - in Libya, in all sectors not only the oil, and mainly the oil sector because we have international companies as a partner and we have as well services companies, international and foreign serves companies," deputy Oil minister, Omar Shakmak, said. "This is important for any management to make sure that their staff, their people, be safe and secure. So this is a normal reaction. I hope it does not take long but for the first say six-eight weeks could be accepted."
While security is a concern, Shakmak said production itself was going very well.
"The production now is over 93 percent (93%) of the production as it was in January 2011, and this rate will be the average to cap out 1.64, which is positive figure," he said. - Copyright Holder: REUTERS
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