Wire flash
Libya's NOC: Shutdown of Sharara-Zawiya Pipeline Valve Causes 720,362 bbl Output Loss
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Libya's National Oil Corporation (NOC) announced that the forced closure of a valve on the Sharara to Zawiya crude oil pipeline has resulted in a production loss of 720,362 barrels as of September 24. The NOC stated that the direct financial losses from this incident have exceeded $75 million. The report, sourced from financial data provider Jin10, highlights a significant disruption to Libya's oil output, which is a key component of the country's economy and a factor in global oil markets.
Source report
The Libyan National Oil Corporation (NOC) has announced significant production losses following the forced closure of a crude oil pipeline valve.
Key Details
- Pipeline affected: Sharara to Zawiya crude oil pipeline
- Date of report: September 24
- Total production loss: 720,362 barrels
- Direct financial loss: Over $75 million
The valve closure has resulted in substantial operational and economic impacts, with cumulative losses continuing to mount as the situation remains unresolved.
Source
金十数据Neutral / independent
Part of this Story
Libya NOC: Armed group blockade of Sharara-Zawiya pipeline causes $75M+ loss, shuts refinery unit