The NOC may declare force majeure if the closure continues, as the affected field accounts for roughly a third of Libya's total output. The company issued the warning after the pipeline blockage hindered production and transportation to the export terminal.
Tuesday, October 20, 2026
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Libya Loses 130,000 BPD at Sharara Field After Valve Closure Triggers Force Majeure Warning
Commodities28 days ago
An armed military group closed valve seven on the crude loading pipeline from Libya's Sharara field to the Zawiya port on Monday, halting a segment of crude exports. The National Oil Corporation reported Tuesday that the shutdown caused daily losses of about 130,000 bpd at the oilfield.
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