• 5 minutes Trump will capitulate on the trade war
  • 7 minutes China 2019 - Orwell was 35 years out
  • 12 minutes Glory to Hong Kong
  • 15 minutes ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 13 hours Peaceful demonstration in Hong Kong again thwarted by brutality of police
  • 7 hours Here's your favourite girl, Tom!
  • 17 mins Canada Election Deadlock?
  • 24 hours Civil Unrest Is Erupting All Over The World, But Just Wait Until America Joins The Party...
  • 19 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 36 mins Clampdown on Chinese capital flight is shutting down their commercial construction in US
  • 7 hours IMO 2020:
  • 1 day Australian Hydroelectric Plant Cost Overruns
  • 21 hours China's Blueprint For Global Power
  • 17 hours Nigeria Demands $62B from Oil Majors
  • 1 day Ford Planning Huge North American Charging Network
  • 17 hours Deepwater GOM Project Claims Industry First
What Does Brexit Mean For UK Oil & Gas?

What Does Brexit Mean For UK Oil & Gas?

While Brexit is unlikely to…

Is Eating Meat Worse Than Burning Oil?

Is Eating Meat Worse Than Burning Oil?

The fight against climate change…

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Blockade At Oil Field In Libya Could Shut In Production

Brega oil storage

Members of the Petroleum Facilities Guard (PFG) blocked on Wednesday the airfield of the Wafaa oil field in southwestern Libya, the National Oil Corporation (NOC) said on Thursday, noting that it could be forced to shut in all operations at the 40,000-bpd oil field should the blockade continue.

The airfield servicing the oil field was blockaded on September 19, “in an attempt to blackmail Mellitah Oil and Gas Company into awarding an unwarranted catering contract,” said the Libyan national oil firm, which is a joint venture partner in the Mellitah company together with Italy’s oil and gas major Eni.

Mellitah Oil and Gas Company produces around 40,000 bpd of crude oil, and condensate, and 400 million cubic feet of natural gas, dedicated entirely to power plants, NOC said.

“If the blockade continues, the company will be forced to suspend all operations in the Al-Wafaa field and evacuate all employees. A shutdown in the afternoon of September 20th will result in the cessation of gas supply from Al Wafaa to the Al Ruwais power plant,” NOC said, adding that it “demands the immediate end to the blockade and the re-opening of the runway without precondition.”

The PFG and other guards at Libyan oil fields are paid by the state to protect them, and regularly use blockades to extort more money and benefits from the Libyan authorities.

The latest incident at a Libyan oil field highlights the fragile state of the oil industry in the North African OPEC member, where attacks and blockades on oil facilities have frequently shut in oil production and exports.

Earlier this month, several gunmen stormed NOC’s headquarters in Tripoli, killing two employees and injuring 25 others.

A port closure for more than two weeks in June-July blocked 850,000 bpd of Libya’s oil (nearly all Libyan production) from being exported from four ports.

Libya’s July oil production slumped to just 670,000 bpd, as per OPEC’s secondary sources. In August, production recovered to average 926,000 bpd, according to OPEC’s latest monthly report, but the security situation in the country is still fragile, making Libya one of the wild cards in predicting supply in a tightening oil market.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play