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ENI Eni Spa

15.26
0.006 (0.04%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eni Spa BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.006 0.04% 15.26 15.20 15.35 15.40 15.196 15.38 8,427,046 17:00:00

Strike Shuts Down Key Eni Field in Libya

26/04/2015 3:00pm

Dow Jones News


Eni (BIT:ENI)
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By Benoît Faucon 

Striking workers have shut down an important Libyan oil field in a dispute over wage payments, a Libyan official said Sunday.

The job action by guards at the el-Feel oil field comes as the country's petroleum industry has been disrupted by armed conflict between two rival governments, terrorist attacks and sabotage. The field is jointly run by Italian energy giant Eni SpA and Libya's National Oil Co.

The el-Feel field is an important part of what remains of Libya's oil industry, producing about 100,000 barrels a day of the country's output of less than 600,000 barrels a day. The country is capable of producing about 1.5 million barrels a day.

A National Oil Co. spokesman said he expects el-Feel's production to resume "soon" and that the interruption was "only temporary." Eni referred calls to the Libyan government.

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