Atwasat

Libya NOC: Operations suspended at Sharara oil field due to "sabbotage," force majeure declared




Alwasat - Cairo Wed 31 Jul 2019, 09:00 PM
alwasat radio

Libya’s National Oil Corporation says it has suspended operations at the country’s largest oil field following the closure of a pipeline valve, the second halt in just over a week.

Wednesday’s statement by the National Oil Corporation says an unidentified group on Tuesday closed the pipeline linking the Sharara oilfield to the port of Zawiya, on the Mediterranean coast, describing the act as "sabbotage," and declared force majeure.

It says this is the second such closure breach of the pipeline in the last 10 days.

The field produces around 290,000 barrels a day worth $19 million. It’s controlled by the Libyan National Army led by Khalifa Hifter.

However, the forces aren’t in full control of the entire route of the pipeline, which runs partially through territories held by militias allied with the U.N.-supported government in the capital, Tripoli.

Related Topics