Libya: Oil production from Sharara back after sabotage on pipeline

Posted On 22 July 2019

Number of times this article was read : 57
Tripoli, July 22, 2019 – Libya announced the resumption of production Monday at its largest oil field and the loading of crude at a shipping terminal, following a three-day suspension due to “sabotage” of a pipeline.  Al-Sharara, about 900 kilometres (560 miles) south of Tripoli, produces 315,000 barrels per day — nearly one third of Libya’s crude output — but is frequently attacked and blocked by militias. “National Oil Corporation (NOC) announces the lifting of force majeure on Sharara crude oil loading from Zawiya port, following the opening of a closed valve on the pipeline connecting the Sharara oilfield to the Zawiya terminal,” which is government-controlled, the company said on its website.
Force majeure is a legal measure that frees a company from contractual obligations due to circumstances beyond its control.   NOC chairman Mustafa Sanalla condemned the pipeline closure as “criminal activity” and said the firm and authorities would “find and prosecute” those responsible. Oil exports are the source of almost all state revenue in Libya, which has the biggest proven reserves of crude in Africa. But after the fall and killing of longtime dictator Moamer Kadhafi in a NATO-backed 2011 uprising, the country fell into chaos as multiple armed groups vied for control. The NOC had previously declared “force majeure” at the Al-Sharara site in December after it was seized by an armed group, but it reopened after forces of military strongman Khalifa Haftar took control in February.
By AFP
The North Africa Journal's WhatsApp Group
.

Most Recent Stories from the Region

Libya’s Abnormal New Normal

Libya’s Abnormal New Normal

By Arezki Daoud: Since 2011, Libya has been engulfed in a bloody civil war after the death of Muammar Gaddafi. Over the years, it was easy to identify the problem:  too many foreign regional players and global powers meddling in Libya’s affairs, explicitly or...

Senegal at the Center of Another Geopolitical Fight

Senegal at the Center of Another Geopolitical Fight

By Arezki Daoud: France is experiencing an unprecedented backlash in the Sahel and in West Africa.  Disastrous post-colonial policies forced the people of Mali, Niger and Burkina Faso to expel French troops and diplomats, reducing Paris' entrenched but...

Written by The North Africa Journal

The North Africa Journal is a leading English-language publication focused on North Africa. The Journal covers primarily the Maghreb region and expands its general coverage to the Sahel, Egypt, and beyond, when events in those regions affect the broader North Africa geography. The Journal does not have any affiliation with any institution and has been independent since its founding in 1996. Our position is to always bring our best analysis of events affecting the region, and remain as neutral as humanly possible. Our coverage is not limited to one single topic, but ranges from economic and political affairs, to security, defense, social and environmental issues. We rely on our full staff analysts and editors to bring you best-in-class analysis. We also work with sister company MEA Risk LLC, to leverage the presence on the ground of a solid network of contributors and experts. Information on MEA Risk can be found at www.MEA-Risk.com.

Pin It on Pinterest

Share This