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Libyan Pipeline Closure Causes $75M Loss
The article discusses the financial losses incurred by the National Oil Corporation of Libya as a result of the closure of the main Sharara oil pipeline. The losses have exceeded $75 million as of September 24, 2026. The closure has resulted in the loss of approximately 720,000 barrels of oil over four days, with expectations that the losses will increase if the closure continues. This situation threatens to halt refining units at Zawiya refinery and worsen the supply of petroleum products, which negatively impacts the national economy.
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