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Libya’s National Oil calls on government to protect oil fields

by ChemOrbis Editorial Team -
  • 16/02/2015 (19:37)
According to media repots, Libya’s state-run National Oil Corporation (NOC) has called on the government to take necessary measures to protect oil fields from increasing attacks. The company stated that they would have to shut all of their oil fields so as to preserve the lives of their employees should attacks continue at their current pace.

On Saturday, a fire broke out at the pipeline connecting the Sarir oilfield with the oil port of Hariga in eastern Lİbya. The fire was extinguished on Sunday. Following the fire, Libya’s oil production reportedly declined by 180,000 barrels per day (bpd) to around 200,000 bpd. Libya had a production capacity of 1.6 million bpd before the 2011 rebellion.

Previously, the NOC had announced a force majeure on oil output from the Es Sider and Ras Lanuf oil ports, which have a combined processing capacity of 560,000 bpd, because of ongoing armed clashes in the country.
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