Sharara oilfield reopened after three days of blockade, NOC unveiled

Sharara oilfield reopened after three days of blockade, NOC unveiled

August 23, 2017 - 15:15
Posted in:
Written By: AbdulkaderAssad

The National Oil Corporation (NOC) announced Tuesday that the biggest Libyan oilfield, Sharara, had been reopened and force majeure had been lifted in Zawia oil terminal.

“Losses amounted to 40 million dollars in three days of the enforced closure.” The NOC added.

In a statement, the NOC said no definite party claimed the blockade and no demands were forwarded, saying that the engineers who reopened the pipeline found out that the valves were stolen.

“We have reported the violations that led to the losses due to closure of Sharara to the Attorney General. The valves that were stolen can only be used for one reason – the shutdown of the pipeline again.” Mustafa Sanallah, the Chairman of the NOC, explained.

He added that the NOC won’t allow the rewarding of the violations’ perpetrators as they are against the interest of Libya and their criminal acts are harming the country.

“Anyone who has information about the stolen equipment must report to the Attorney General’s Office.” Sanallah added.

blocking the flow of oil to Zawia oil terminal and thus shutting down the production of the field and losing Libya 230 thousand barrels of crude a day over the last three days.