22 Hrs
Source:
عين ليبيا
Oil Firm Reports $75M Losses from Sharrara Line Closure
The forced shutdown of Valve No. 7 on the main oil transfer line (Sharara-Zawia) in Libya has led to a decline in Sharara field production and increased crude losses at Zawia refinery. From the start of the shutdown until September 24, the daily loss amounted to approximately 720,362 barrels, resulting in total financial losses exceeding $75 million. This situation poses a threat to refining units and risks disrupting petroleum product supplies, with the potential to escalate the crisis if the shutdown continues.
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