Losses at Libya's NOC hit $95m as Zawiya refinery shuts down
11 Articles
11 Articles
The Libyan National Petroleum Corporation has announced that one of the refining units in the corner refinery has been forced to shut down, as a result of the continued closure of the valve of the raw spark transmission line, in order to ensure the continued operation of the other unit for as long as possible.
The National Oil Corporation (NOC), of Libya, informed this Saturday that it interrupted the operations of one of the processing units of the refinery of Zawiya due to the forced and continuous closing of the valve of the pipeline of Sharara by armed groups linked to the Guard of Oil Installations. The company warned that the persistent interruptions in the oil flow can directly affect the state revenues with the sector, raise the costs of impor…
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Arab NewsLibya’s NOC shuts Zawiya refinery unit due to forced pipeline closure
The National Oil Corporation warns that ongoing disruptions to the flow of crude could directly impact state oil revenue, increase fuel import costs and harm the national economy.
It was closed by a group of armed men - Damages of 95 million dollars from the multi-day blockade
Sharara Pipeline Shutdown Costs Libya $95 Million in Five Days
Libya has lost about $95 million and more than 942,000 barrels of oil production in five days because of the continued closure of the pipeline linking the Sharara oil field to Zawiya, according to the National Oil Corporation (NOC). The NOC said total lost production reached 942,376 barrels between 21 and 25 September, adding further […]
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