<article><p><i>Clarifies Repsol's statement on status of El Sharara field. Story originally published on 28 April </i></p><p class="lead">Libya's 300,000 b/d El Sharara oil field is producing around 70,000 b/d, according to Spanish integrated Repsol, which operates the field.</p><p>"Today, roughly speaking we are producing in gross terms about 70,000 b/d, more or less 25pc of the field," Repsol's chief executive Josu Jon Imaz said today. </p><p>He made no reference to the force majeure status that was imposed on the field earlier this month, when protesters disrupted output there and at the 70,000 b/d El Feel field. Libya's state-owned NOC, which partners Repsol in the Akakus consortium, has not yet replied to <i>Argus'</i> request for a comment on El Sharara's status.</p><p>Libya's rival administrations have been negotiating to <a href="https://direct.argusmedia.com/newsandanalysis/article/2325076">end the blockade</a>.</p><p>Repsol operates El Sharara under a production sharing contract that entitles it to 10-13pc of the field's output.</p><p class="bylines">By Jonathan Gleave</p></article>
