Libya's NOC shuts Zawiya refinery unit due to forced pipeline closure
USO•Libya's National Oil Corporation shut one refining unit at the Zawiya refinery because armed groups belonging to the Petroleum Facilities Guard continued to force the closure of the Sharara crude pipeline valve. The corporation warned disruptions could affect state oil revenues, raise fuel import costs and harm the economy.
1. Refinery unit shut
Libya's National Oil Corporation said it shut one of the refining units at the Zawiya refinery due to the continued forced closure of the Sharara crude pipeline valve by armed groups belonging to the Petroleum Facilities Guard.
2. Economic risks
The corporation warned that ongoing disruptions to crude flows could directly affect state oil revenues, increase fuel import costs and harm the national economy.
