Libya’s El Sharara oil field shut - ARGUS

20 December 2021
Ruxandra Iordache

Libya's state-owned oil firm NOC has declared force majeure on crude exports from two ports in the west of the country after output from three fields was shut down earlier today.

Libya's largest oil field — the 300,000 b/d El Sharara field — was shut by the Petroleum Facilities Guard (PFG), which protects state-owned NOC's assets, trading and Libya-based sources said.

El Sharara is operated by Akakus Oil, a joint venture between NOC, Spain's Repsol, Austria's OMV, Norway's Equinor and TotalEnergies. The PFG is protesting against NOC chairman Mustafa Sanalla's attempt to remove Ahmed Ammar from Akakus Oil's management team, according to one of the sources. Output from El Sharara is prioritised for the 120,000 b/d Zawia refinery. The remaining volumes are exported from the nearby Zawia terminal.

Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014 - GCAPTAIN / BLOOMBERG

Crude Oil Tanker 'Syra' (600.000 bbl capacity)

September 20, 2016 by Bloomberg

By Saleh Sarrar and Hatem Mohareb

(Bloomberg) — Libya boosted crude production by more than 70 percent since August as some oil fields resumed output and export terminals in the OPEC country reopened for their first overseas loadings in two years.

The North African nation’s crude output rose to 450,000 barrels a day after work resumed at some oil fields, Ibrahim Al-Awami, head of oil measurement department at state-run National Oil Corp., said by phone on Tuesday. Armed conflicts and political disputes have hobbled the country’s production, which slid to 260,000 barrels a day last month, data compiled by Bloomberg show.