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Libya declares FM on crude shipments from Sharara again

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/04/2017 (11:42)
According to Reuters, Libya had to halt oil production from Sharara oilfield and declare force majeure on loadings from the Zawiya export terminal once again on April 10 due to a group blocking a pipeline.

The country had declared force majeure on loadings from its two oil terminals, Zawiya and Mellitah, in late March due to armed protestors blocking the western oil fields of Sharara and Wafa. The country had then lifted the force majeure after a week, in early April, and its oil production had reached 120,000 barrels/day, still down 100,000 barrels/day when compared to the levels produced before the shutdown. It was also planning to increase oil production from Sharara to 270,000 barrels/day by the end of this month.
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