UN warns of sanctions over Libya oil attack
The United Nations report warns of attacks on Libya's oil and energy infrastructure that could lead to sanctions under Security Council resolutions. It notes that the shutdown of the Sharara-Zawiya pipeline by an armed group in September resulted in a loss of more than 942,000 barrels of oil and caused the country financial damages estimated at $95 million within just a few days. The Sharara field is Libya's largest oil field, with a production capacity of up to 340,000 barrels per day. The suspension of supplies led to the shutdown of a refining unit within the Zawiya refinery, with warnings of a possible declaration of "force majeure" to disrupt international contractual obligations.
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