22 Hrs
Source:
عين ليبيا
Oil Institution Details Sharara Pipeline Losses
The National Oil Corporation of Libya estimates that the losses resulting from the continued closure of the Sharara crude oil pipeline amount to approximately 942,376 barrels of oil between September 21 and 25, 2026, with a monetary cost nearing $95 million. Daily figures showed that production was lost between 129,085 and 259,349 barrels, reflecting the impact of the closure on the country's oil production. This shutdown poses a significant threat of substantial losses and has a noticeable effect on Libya's oil revenues.
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