13 Hrs
Source:
TRT عربي
Libya halts oil production at three sites
Production and operations have halted at three oil fields in Libya: Al-Hamada Field, Tahaara Field, and the NC5 station. This followed the closing of the military security forces at the main shipping line valve (Al-Hamada-Zawiya). As a result, there was a sudden increase in pressure in the production lines and a shutdown of operations, dealing a blow to the national economy and Libya's reputation as a stable energy source. These closures threaten to continue stopping production and push the country into a "force majeure" situation, which exempts the affected parties from penalties. The security guards are demanding higher salaries through ongoing protests. These fields are critical for oil and gas production in the western region, and their shutdown comes at a sensitive time, disrupting global oil markets and threatening Libya’s financial commitments. The National Oil Corporation has called on the responsible authorities to take urgent action to resolve the crisis, warning that continued closures will negatively impact the national economy and Libya's international reputation.
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