The outage began September 21 when an armed military group linked to the Petroleum Facilities Guard closed the valve, causing the loss of an estimated 942,376 barrels of production worth roughly $95M. The disruption, which other estimates place closer to $100M in losses, forced the temporary shutdown of a Zawiya refining unit and prompted the UN mission in Libya to warn of economic fallout and potential sanctions against those disrupting oil infrastructure.
Tuesday, October 20, 2026
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Libya Restores Sharara Oil Output to Near 340,000 BPD
Commodities21 days ago
Production at Libya's largest oil field has returned to near-full capacity following the resolution of a blockade that halted crude flows for more than a week. The National Oil Corporation reported output reaching nearly 340,000 BPD by September 30, recovering from a dip to 100,000 BPD during the height of the crisis. Regular pumping operations resumed after joint efforts led to the reopening of Valve 7 on the Sharara-Zawiya pipeline, allowing crude to reach export terminals and restart refining units at the Zawiya refinery.
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