ENERGY

Libya’s Sharara oil field reopens after three-day pipeline blockade

A general view of the El Sharara oilfield, Libya December 3, 2014. (Reuters)

Libya’s Sharara oilfield reopened on Tuesday following a three-day shutdown caused by a pipeline blockade, an oil worker at the field said.

Sharara is Libya’s biggest field and was pumping up to 280,000 barrels per day (bpd) in recent weeks

The field has been affected by repeated shutdowns because of protests by armed groups and oil workers, it has been shut down since Saturday.

State-owned National Oil Corporation (NOC) declared force majeure on loadings of Sharara crude from the Zawiya oil terminal on Sunday, a document seen by Reuters showed.

Sharara had been producing up to 280,000 barrels per day (bpd) in recent weeks. The field has experienced several temporary shutdowns because of protests by armed groups and oil workers since it reopened last December after a two-year pipeline blockade.

A Libyan oil source said the group blockading the pipeline since Saturday had also shut it in the past. The exact location of the blockade and the group’s demands were not clear, an industry source said.

There was no immediate comment from NOC in Tripoli, which runs Sharara in a joint venture with oil companies Repsol, Total, OMV and Statoil.

Sharara’s production is key to a revival in Libya’s oil output, which surged above 1 million bpd in late June, about four times higher than its level last summer.

Production at Sharara dipped earlier in the month because of security breaches that NOC last week said had been resolved.

SHOW MORE
Last Update: Tuesday, 22 August 2017 KSA 15:45 - GMT 12:45
Top
BREAKING NEWS

Send to a friend

Close
Libya’s Sharara oil field reopens after three-day pipeline blockade
Friend's name:
Friend's Email:
Sender's name:
Sender's Email:
Captcha Code
How are we doing?
X

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed