Shafaq News..Armed Group Disrupts Libya’s Sharara Oil Production
The shutdown caused a pressure buildup and sharply reduced production at one of Libya’s largest oilfields, the National Oil Corporation said.
- On Monday, an armed group shut valve 7 on the pipeline carrying crude from the Sharara oilfield to Zawiya, causing a sharp production drop, the National Oil Corporation said.
- Libya remains divided between the UN-recognised government in Tripoli led by Prime Minister Abdulhamid Dbeibah and a rival eastern administration backed by Khalifa Haftar, with armed groups frequently targeting energy infrastructure for political demands.
- The pipeline links Sharara, located 900 kilometres south of Tripoli, to the coastal city of Zawiya; the NOC warned the Zawiya refinery, about 45 kilometres west of Tripoli, could shut down if disruption continues.
- Sharara is a critical crude source for Libya, an OPEC member holding Africa's largest proven oil reserves; the closure caused pressure buildup and reduced production, directly decreasing state revenues as global oil prices rise.
- Recent attacks on energy infrastructure include fires and explosions at the Zawiya oil complex last month after drone strikes; Libya has faced persistent violence and instability since the 2011 overthrow of Muammar Gaddafi.
51 Articles
51 Articles
Armed group cuts 200,000 barrels per day from major Libyan oilfield as Brent trades above $100
An armed group has forced a reduction of approximately 200,000 barrels per day at Libya’s Sharara oilfield after closing a valve on the pipeline carrying crude to the port of Zawiya.
Cedarnews.net. . The closure of a valve in the oil pipeline The Sharara-Zawiya has cut the production of a deposit that contributes about a third of the Libyan crude, and. Cedarnews . .
Armed group shuts Libyan oil pipeline, jeopardising exports
A valve closure on the El Sharara-to-Zawiya pipeline has cut production at a field accounting for roughly a third of Libya's total output, prompting the national oil company to warn it may declare force majeure.
Observador
PublicoAn armed group caused the blockade of an oil pipeline in Libya when closing a valve. Oil production suffered a sharp fall as a result and may even become paralyzed.
The production of the Libyan oil spark field declined by some 200,000 barrels a day after an armed group closed a valve along its transport line to the port of Al-Kawyn, amid a warning against the declaration of force majeure.
National Oil Corporation warns prolonged closure could halt Sharara production, exports and force declaration of force majeure
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