Libya Oil Output Set to Recover Following Sharara Brief Halt

By Salma El Wardany and Saleh Sarrar Libya’s oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt. The OPEC member’s output is expected to rise to 1 million barrels a day from 800,000 within 2-3 days as the Sharara oil field restarts […]

Libya’s NOC declares force majeure at key Sharara oil field: source

Libya’s National Oil Corp. declared a force majeure Sunday on crude deliveries from its key Sharara oil field after a blockade on its pipeline by a militant group on Saturday, a source close to the company said on Sunday. The field has been offline since Saturday when the Zintan Brigade closed the Rayaina pipeline yet […]

Libya's Sharara oil field gradually shutting down: engineer

TRIPOLI (Reuters) – Libya’s Sharara oil field, which has been producing 270,000 barrels a day (bpd), is gradually shutting down after the closure of a control room in the northern city of Zawiya, an engineer at the field said late on Sunday. The engineer did not give details of why the control room had closed […]

Will Libya’s Production Rebound As Its Largest Oil Field Re-Opens?

By Tsvetana Paraskova Libya’s biggest oil field, Sharara, which has been offline for most of the past month, is set to reopen after the Petroleum Facilities Guard (PFG) reached an agreement with protesters who have repeatedly shut down the pipelines that pump oil into the field, according to PFG chief, Brigadier General Idriss Abu Khamada. […]

Libya Halts Sharara Oil Loadings as Biggest Field Stops Pumping

by Salma El Wardany and Saleh Sarrar Libya’s biggest oil field stopped producing just one week after it reopened, forcing the OPEC member to declare force majeure at a key export terminal, the latest disruptions to the country’s output and shipments of crude. The pipeline carrying crude from Sharara, Libya’s biggest field, to the Zawiya […]

Libya's Sharara oil field resumes production: source

Libya’s Sharara oil field resumed production on Sunday after a week-long shutdown when a pipeline linking it to an export terminal was blocked, a Libyan oil source told Reuters. Crude from the field is due to reach the Zawiya terminal later tonight the source said, declining to be identified because he was not authorized to […]