Oil Institute Warns of Crude Losses from Zawia Valve Closure
The National Oil Corporation issued a warning regarding the potential consequences of closing the oil transfer line valve connecting the Hamada and Zawia fields. The valve, which is located on an 18-inch pipe, was forcibly closed by individuals without prior coordination. It links the production from the Hamada and Tohara fields to the Arabian Gulf Oil Company. The closure has resulted in a loss of oil quantities, a decline in production rates and oil revenues, and has hindered efforts to stabilize and increase production capacity. The corporation called on the relevant authorities to act quickly to reopen the valve and secure the site to ensure the continuity of oil operations.
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