1 Day
Source:
المشهد العربي
Libya Sharara oil output drops due to closure
The production of the Sharara oil field in Libya has sharply ceased after the forced shutdown of valve number 7 on the pipeline, leading to a drop in production from approximately 300,000 barrels per day to around 100–105,000 barrels per day. The National Oil Corporation’s efforts to communicate with the Petroleum Facilities Guard to restore operations have been unsuccessful. There is a warning that ongoing closure could result in a complete halt of the field and disruption of export activities, which would harm the national economy and threaten oil facilities, especially amidst rising global oil prices.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)