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Watching The World: Libya's timetable to production

08/29/2011
Eric Watkins Oil Diplomacy Editor Even as rebel forces last week were sweeping into Libya's capital of Tripoli, speculation was mounting in the international oil and gas industry about just when the North African country might resume oil exports. "At the moment, it is too early to predict when, how, and under what conditions the production in Libya might begin again," said Wintershall AG, a wholly owned unit of German chemicals giant BASF SE. "Starting up production could be done within several weeks under standard technical conditions," Wintershall said, adding that much "depends on the state of the export infrastructure as well as a stable security situation.&q...
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