Libya’s oil output down 252,000 bpd due to armed protests

29 Mar 2017   Libya

A general view of the El Sharara oilfield, Libya December 3, 2014. Oil production from the western Libyan fields of Sharara and Wafa has been blocked by armed protesters, reducing output by 252,000 barrels per day (bpd), a source at the National Oil Corporation (NOC) said on Tuesday. NOC declared force majeure on loadings of Sharara crude from the Zawiya oil terminal in the west of the country and Wafa condensate loadings from the Mellitah terminal. Supplies were stopped by the shutdown of pipelines leading from the fields to Zawiya refinery and port, a Libyan oil source said. The identity of the group was not immediately clear and there had been no claim of responsibility, he said. The shutdown at Sharara, which had been producing about 220,000 bpd, began on Monday, a day after the Wafa shutdown, the NOC source said. There was no official comment from the NOC. […]

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