22 February 2011 02:12 [Source: ICIS news]
TORONTO (ICIS)--BASF’s energy unit, Wintershall, is evacuating international staff from ?xml:namespace>
The measure would affect some 130 employees, Wintershall said in a brief statement.
The company currently operates eight onshore oil fields some 1,000km southeast of
“In agreement with the Libyan National Oil Corporation (NOC), preparations are currently being made to safely shut down oil production,” Wintershall added.
The shutdown affects as much as 100,000 bbl/day of production, according to a separate report on Wintershall’s website.
Wintershall has been active in exploration and production in
Tens of thousands of people have held protests on Monday in the streets of the Libyan capital
Meanwhile, BASF's shares closed down 2.66% at €59.90 ($81) on Germany's Xetra stock exchange on Monday.(€1 = $1.36)
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