Wednesday, June 15, 2022

Libya Shuts Down Most Of Its Oil Fields

A general view shows pipelines at the Zueitina oil terminal in Zueitina, about 120 km west of Benghazi, January 15, 2013. REUTERS/Esam Al-Fetori  

OilPrice.com: Libya Loses 1.1 Million Bpd As It Shuts Down Nearly All Its Oil Fields 

Libya is losing oil production at the rate of 1.1 million barrels daily, the country’s oil minister Mohammed Aoun has said, adding that almost all of the country’s oil fields were shut down. 

Libya’s largest field, El Sharara, was shut down last month along with El Feel, with reports saying that it was groups affiliated with the eastern parliament that shut down oil production, among them the Libyan National Army of Halifa Khaftar. 

According to Aoun, however, “it appears that the closure instructions were issued by an official body, the Petroleum Facilities Guard in the closure areas.”  

Read more ....  

WNU Editor: These shut-downs are due to a flare-up in violence.

Libya Shuts Down Most Of Its Oil Fields  

Libyan oil output drops on new shutdowns and violence -- Arab News  

Libya's Oil Output Almost Halts With New Wave of Shutdowns -- Bloomberg 

Libya: Oil output collapses after wave of closures -- Middle East Monitor  

Libya’s oil output verges on halting with new wave of shutdowns -- World Oil  

Libya’s oil production is down by about 1.1 million barrels a day, says minister -- Libya Update

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