French energy giant Total said yesterday that it was “starting to suspend” part of its oil production in Libya where protests against Muammar Gaddafi’s rule have killed hundreds.

“We have started to suspend some of our production capacity in Libya,” a Total spokesman told AFP, asking not to be named and without providing further details.

Total produced an average of 55,000 barrels per day from its Libyan wells in 2010 or 2.3 per cent of the giant’s production.

The turmoil in Libya, Africa’s fourth largest oil producer, has sent crude prices soaring with Brent North Sea crude hitting $108.57 per barrel at one stage, the highest level since September 2008.

In Asian trading yesterday, Brent stood at $106.47 a barrel, despite a promise from the world’s biggest exporter Saudi Arabia that there would be no shortages on the global market.

Italy’s ENI, which produced 244,000 bpd in Libya in 2009, said on Tuesday it was temporarily suspending some of its oil and gas production activities and was also cutting its Greenstream gas pipeline between Libya and Italy.

The severing of natural gas supplies to Libya’s ex-colonial master and top trade partner prompted Prime Minister Silvio Berlusconi to phone Gaddafi and urge him to pursue peace.

Spain’s biggest oil company Respol has also said it is suspending its production in Libya. Spain and France have notably sought to reassure their citizens that there will be no fuel supply problems whatever happens in Libya.

However, Madrid said it would discuss on Friday whether to pass a new energy law if the tensions in Libya, from which it imports 13 per cent of its oil, leads to a new hike in the price of oil.

Measures could include economies in the consumption of lighting or speed limits on the motorway, encouraging the use of public transport and the calling on companies to use energy more efficiently, the government has said.

Many countries and companies have been evacuating their workers and suspending their operations.

Total said on Monday it was repatriating most of its expatriate staff from Libya, although some would stay behind “with reinforced security measures”.

Strongman Gaddafi is increasingly isolated amid his brutal crackdown against the insurrection, with his opponents controlling much of the energy-rich North African nation.

Libya’s government has said 300 people, including 111 soldiers, have been killed in the protests, which erupted on February 15 after the rulers of neighbouring Tunisia and Egypt were ousted in similar uprisings.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.