started · updated
Sharara oil field production drops after pipeline valve closure
The National Oil Corporation (NOC) of Libya has reported a significant drop in production at the Sharara oil field following the closure of valve number 7 on a major crude oil pipeline by an armed group. The disruption has caused increased pressure within the pipeline and has forced production at the field to fall to approximately 127,000 barrels per day, down from its typical capacity of roughly 340,000 barrels per day.
The closure affects the pipeline managed by Akakus Oil Operations, which transports crude from the Sharara field in the southwest to the Zawiya export terminal. The NOC warned that if the shutdown continues, it may be forced to declare force majeure. The disruption also threatens the operation of the Zawiya refinery, potentially increasing Libya's need to import refined fuels.
This incident follows a recent illegal valve closure at the Hamada al-Hamra field. The Petroleum Facilities Guard, which is responsible for securing oil infrastructure, has been involved in recent protests regarding administrative and financial demands. The NOC has called for the immediate reopening of the valve and urged authorities to protect oil facilities from political unrest.
Entities
Akakus Oil Operations · Libya · National Oil Corporation · Petroleum Facilities Guard · Sharara oil field · Zawiya Refinery · Zawiya refinery
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The closure could lead to the shutdown of the Zawiya oil refinery. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] The closure caused increased pressure in the pipeline and a significant drop in production at the Sharara field. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 6 SOURCES] An armed group closed valve number 7 on the crude oil pipeline from the Sharara field. alkuwaitnews.net · alsaudi.news · okaznews.net · www.albiladpress.com · cryptobriefing.com · +1 more
- [● 3 SOURCES] Oil exports fund approximately 90 percent of Libya's general budget. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] The NOC may be forced to declare force majeure if the closure continues. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] The Sharara field has a daily production capacity of approximately 340,000 barrels. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] A previous illegal closure of a valve occurred at the Hamada al-Hamra field, which produces 700 barrels daily. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] The Sharara field produces approximately 340,000 barrels of oil per day. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] An armed group closed valve number 7 on the crude oil pipeline from the Sharara field to the Zawiya port. alkuwaitnews.net · alsaudi.news · okaznews.net
- [● 3 SOURCES] Oil revenues account for approximately 90 percent of Libya's general budget. alkuwaitnews.net · alsaudi.news · okaznews.net
- [○ 1 SOURCE] Technical teams have been unable to reach valves 6 and 7 for maintenance or reopening. okaznews.net
- [○ 1 SOURCE] Sharara oil field production fell to approximately 127,000 barrels per day. cryptobriefing.com