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Libyan Sharara oil flow halted by armed group
An armed group closed Valve No. 7 at the Libyan Shellata Oil Field this morning, leading to the stoppage of the crude oil pipeline operated by Akakus Company to the Zawiya port. This closure has caused increased pressure on the line and a significant decline in the field's production, with warnings that continued closure of the valve could halt production and export entirely, causing severe damage to the national economy and prompting the National Oil Corporation to declare a state of emergency.
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