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 after armed groups forced the closure of the Sharara crude pipeline valve. The disruption cut Sharara production by 942,376 barrels over five days, causing about $95 million in direct losses.
1. Refinery unit shut
Libya's National Oil Corporation said it 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.
2. Production losses
The closure reduced cumulative production at the Sharara field by 942,376 barrels over five days through Friday, causing direct financial losses of about $95 million, the NOC said. Lost output on Friday alone totaled 222,014 barrels.
3. NOC warning
The corporation warned that continued disruptions to crude flows could directly affect state oil revenue, raise fuel import costs and harm the national economy.
