• 4 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 minutes Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 13 minutes NordStream2
  • 5 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 8 hours California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 hours Did China cherry-pick the factors that affected the economic slow-down?
  • 9 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 2 days U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 2 days Nord Stream - US/German consultations
  • 4 days "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 408 days Class Act: Bet You've Never Seen A President Do This.
  • 4 days An Indian Opinion on What is Going on in China
  • 1 day Forecasts for Natural Gas
  • 2 days Australia sues Neoen for lack of power from its Tesla battery
  • 4 days Storage of gas cylinders
  • 4 days Can Technology Keep Coal Plants Alive and Well?
Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Terror Attack Shuts Down Libyan Oil Pipeline

The pipeline feeding crude from the Waha oil field into Libya’s Es Sider export terminal has been shut down for repairs after a fire broke out during the weekend.

An early report by Reuters cited a source from the pipeline operator Waha Oil Company who said the pipeline had been attacked by “a terrorist group.” Later, parent company NOC tweeted that preliminary investigation of the fire confirmed that the cause of the fire was a deliberate attack on the pipeline.

Repairs should last a few days, NOC also said, with the loss of production during the period estimated at 80,000 bpd. Waha Oil operates the same-name field in partnership with ConocoPhillips, Total, and Hess. The field last month produced an average 300,000 bpd, the same as Libya’s largest field, Sharara—itself the target of several deliberate outages.

This is the second attack on the pipeline over the last five months. Last time, repairs led to the same loss of production.

Libya’s production and oil transport infrastructure in general is often the target of attacks by various militant groups seeking to gain an edge over rivals in the chaos that is Libyan politics right now. Because of this, the country is considered an important swing factor for oil prices.

Related: A Natural Gas Giant Like No Other

Recently, there has been another factor contributing to the North African country’s significance for oil markets: General Khalifa Haftar, the leader of the LNA, which two years ago wrested control over Libya’s four oil export terminals from the Petroleum Facilities Guard.

There were reports recently that Haftar has serious health problems, with some media even claiming that he was dead. Some industry observers believe that Haftar’s death could send oil to US$100 a barrel as any semblance of order in Libya breaks down into chaos once again, undoubtedly leading to more production outages and pipeline blockades.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News