Workers protest at Sharara oilfield halts Libya’s largest oil production source

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Sharara oilfield in Libya is one of the largest in the country. (Photo: Internet)

A new workers’ protest in Libya has shut down the country’s largest oilfield, creating yet another hurdle for a war-torn country as it struggles to rebuild its oil output, OilPrice reported.

The demonstrators shuttered the 270,000-barrel per day Sharara oilfield on Wednesday, a source at the site told World Oil. The unrest began when one worker died at the field, another source added, according to OilPrice.

Libyan output had reached 827,000 bpd before Sharara halted production today. Libya and Nigeria are both exempt from the Organization of Petroleum Exporting Countries (OPEC) deal to reduce production by 1.2 million barrels per day through March 2018, OilPrice indicated.

An NOC spokesman said the field will probably not declare a force majeure, as the current halt is temporary, it also explained.

The post Workers protest at Sharara oilfield halts Libya’s largest oil production source appeared first on Libyan Express – Breaking News and Latest Updates from Libya.

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