First Independent Mena Newspaper
Production in the Sharara oil field has increased to approximately 85,000 barrels per day (bpd) to support the Al-Zawiya oil refinery. The National Oil Corporation (NOC) had previously declared force majeure on the Sharara oil field after its shutdown on August 7. The NOC informed foreign partners and customers that this force majeure would not […]
UN-backed government of National Accord (GNA) has condemned the Libyan National Army (LNA)’s seizure of Sharara oil field, the country’s largest, and said it has sent forces to dislodge the east-based army led by Field Marshal Khalifa Haftar, the Guardian reports. The forces, under the Tripoli-based GNA led by Faiez Serraj, had traveled to the […]
The head of the Libyan National Oil Corporation (NOC) Tuesday said Sharara oil field, the country’s largest with a production capacity of 340,000 barrels per day, will remain shut down until rebels evacuate the oil facility they have been holding since December. “The armed group attempting to hold NOC and Libya’s economic recovery to ransom […]
The US State Department Tuesday called on the armed men that occupied Libya’s Sharara oil field in the desert, south of the country, to hand over the oil facility to the National Oil Corporation (NOC), which has declared force majeure. “The United States continues to monitor the situation at the Sharara oil field and echoes […]