• 8 minutes U.S. Shale Oil Debt: Deep the Denial
  • 13 minutes WTI @ $75.75, headed for $64 - 67
  • 16 minutes Trump vs. MbS
  • 3 hours Despite pressure about Khashoggi's Murder: Saudi Arabia Reassures On Oil Supply, Says Will Meet Demand
  • 4 hours Dyson Will Build Its Electric Cars in Singapore
  • 4 hours China Opens Longest Mega-Bridge Linking Hong Kong to Mainland
  • 1 hour Why I Think Natural Gas is the Logical Future of Energy
  • 1 hour The Balkans Are Coming Apart at the Seams Again
  • 51 mins How Long Until We Have Working Nuclear Fusion Reactor?
  • 7 hours Satellite Moons to Replace Streetlamps?!
  • 3 hours These are the world’s most competitive economies: US No. 1
  • 6 hours Can “Renewables” Dent the World’s need for Electricity?
  • 3 mins World to Install Over One Trillion Watts of Clean Energy by 2023
  • 12 hours Merkel Aims To Ward Off Diesel Car Ban In Germany
  • 54 mins Iraq war and Possible Lies
  • 7 hours Aramco to Become Major Player in LNG?
Leaked Document: OPEC+ Struggling To Lift Oil Production

Leaked Document: OPEC+ Struggling To Lift Oil Production

An internal OPEC document suggests…

Sharara Oil Field Resumes Pumping After Weekend Shutdown

Sharara oil field

Crude oil production at Sharara, Libya’s biggest oil field, was briefly suspended after the pipeline that feeds the crude from the field to the Zawiya terminal was blocked. That’s what local sources told Bloomberg, without adding any detail regarding the cause of the pipeline’s closure.

The field resumed operation today, the sources said.

Sharara pumps about 300,000 bpd, which is close to a third of Libya’s total 1.1-million-bpd production. The field has experienced several outages over the past year as various groups target it—or rather the pipeline to Zawiya—as a means to their own ends.

Last August, for example, production at Sharara was suspended several times. First, a militant group attacked a control room at Zawiya terminal. Then, a group of protesters blockaded the pipeline from Sharara to Zawiya, again leading to the suspension of production at the field. Earlier suspensions have had to do with oilfield workers protesting their work conditions and compensation.

Last month, protests also shut down most production from another field, El Feel. As of the start of this month, Bloomberg reports, El Feel produced just 25,000 bpd, down from 75,000 bpd before oilfield guards began their protest.

The sources that reported the El Feel shutdown last week warned that the supply disruption could spread wider, including to Sharara. The National Oil Corporation of Libya has been locked in a pay dispute with El Feel’s guards amid problems with local communities that are demanding more fuel supplies from the company. No end of the problems is in sight as NOC argues that the oilfield guards report to the Defense Ministry, so it should be the agency taking care of their pay.

Libya boasts the biggest crude oil reserves in Africa, but the civil war that ravaged the country after the removal of Muammar Gaddafi crippled its oil industry. Before the war, Libya produced 1.6 million barrels of crude daily. Currently, with the two field closures, it pumps less than 1 million bpd.

By Irina Slav 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